Ânima Educação (ANIM3) has agreed to repurchase Centro Universitário FMU for R$410 million, reversing a transaction completed six years ago.
The deal, signed on July 14, sees the original seller reclaiming the asset for less than the initial sale price, marking a notable shift in the company's portfolio management.
The repurchase highlights a strategic recalibration for Ânima, which is consolidating its footprint in the Brazilian higher education sector.
By bringing FMU back under its umbrella, the group is likely aiming to streamline operations and capture synergies that were not fully realized during the previous ownership period.
The lower valuation compared to the 2020 exit suggests a more disciplined approach to capital allocation in the current market environment.
This move comes as the Brazilian education sector faces evolving regulatory and economic pressures.