Industry Newsroom

SoftBank to Invest USD150m in Brazilian Medical Education Group Afya

SoftBank, through its SoftBank Latin America Fund, has agreed to invest BRL822m (USD150m) in Brazil-based medical education group Afya through the purchase of convertible preferred shares. Existing backers Crescera Capital and the Esteves Family have also agreed to sell ~2.2 million common shares to SoftBank. Read more