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Stock Market & Financial Investment News

News Breaks
September 4, 2012
08:31 EDTDVDeVry acquires Brazilian FAVIP
DeVry announced that it has acquired Faculdade do Vale do Ipojuca, or FAVIP, which is located in the state of Pernambuco. FAVIP currently has approximately 5,000 students and offers more than 30 undergraduate and graduate programs at two campuses located in Caruaru, the state's second largest city. The institution's largest programs are in the areas of law, business, psychology and nutrition. FAVIP is one of the fastest growing institutions in the region. FAVIP will become a part of DeVry Brasil, which currently operates Faculdades Fanor located in Fortaleza; AREA1 and Ruy Barbosa, both located in the city of Salvador; and FBV located in the city of Recife.
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December 19, 2014
06:53 EDTDVWhitie House unveils college ratings blueprint, Reuters says
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December 18, 2014
08:01 EDTDVDeVry to acquire Faculdade Ideal , terms not disclosed
DeVry Education Group announced that DeVry Brasil has entered into an agreement to acquire Faculdade Ideal. Located in Belém, Pará in northern Brazil, Faci currently serves approximately 2,500 students and offers undergraduate programs in high-demand career fields such as law, education, accounting, technology and engineering. The transaction is expected to be completed in the third quarter of fiscal 2015. -
December 16, 2014
14:19 EDTDVDeVry Brasil to acquire Damásio Educacional
DeVry Education Group announced that DeVry Brasil has signed a definitive agreement to acquire Damásio Educacional. Completion of the transaction is expected to occur February 2015, subject to all regulatory approvals. Damásio is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio is expected to generate approximately $50 million in revenue in calendar year 2014. DeVry Group expects Damásio to be modestly accretive to earnings per share in fiscal 2015 and increasing thereafter.

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