Announced
Synopsis
Prisa, a Spanish media conglomerate, acquired a 25% stake in Santillana, a Spanish publisher, from Victoria Capital Partners, a private equity firm specializing in buyout and growth equity investments, for EUR312m. The opportunities offered by the digital transformation and the Group’s position and growth margin in Ibero-America are the key levers for developing PRISA's strategy, which involves creating an unique and wide ranging transversal and global project in the areas of education, entertainment and news (general interest, business and sports). The future acquisition of Santillana comes at a time of very promising growth prospects for the education sector. The company is a leader in Spain and Latin America and is the only global operator in those markets.
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