Arco announces closing of us$150 million investment from dragoneer and general atlantic

SÃo paulo--(business wire)--arco platform limited, or arco (nasdaq: arce), today announced that it closed its issuance of convertible senior notes pursuant to agreements entered into with affiliates of dragoneer investment group llc (“dragoneer”), which have committed to make a us$100 million strategic investment, and general atlantic partners (bermuda) h, l.p. (“general atlantic”), which has committed to make a us$50 million strategic investment. each note will be convertible at the option of
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