ReutersReuters

Australia's OpenLearning advances on Brazilian partnership

RefinitivLess than 1 min read

** Shares of Australia's OpenLearning OLL rise as much as 18.2% to A$0.026, their highest level since September 15

** Stock posts its biggest intraday pct gain since September 12; up 20% so far this week

** Software co signs 3-year reseller partnership agreement with Learnbase Gestão E Consultoria Educacional S/A and Learnbase Education LLC

** Under agreement, OLL to distribute learning management system across Brazilian higher education sector; to also provide local support, integration services to customers in Brazil

** Stock has risen 41.2% so far this year

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