Search
16 results for “Corporate Governance”

Brazil’s Supreme Court Minister Orders Review of Securities Rules After Master Case Scandal
STF Minister Flávio Dino mandated a 90-day review of Brazil's CVM rules following the politically charged Banco Master fraud case.

Centaurus Fund Challenges $1.2 Billion Mandatory Tender Offer for Oncoclínicas in Arbitration
A fund linked to Centaurus Capital is seeking to annul a CVM decision mandating a R$6 billion tender offer for Oncoclínicas shares, pitting minority rights against a major investor.

Eletrobras CEO Ivan Monteiro Formally Named in CVM Sanctioning Process Over Prior IRB Brasil Role
Eletrobras CEO Ivan Monteiro has been cited in a CVM sanctioning process over alleged accounting fraud at reinsurer IRB Brasil in 2020.

Brazil Regulator CVM Targets State Bank CEO Over Stock Recommendation
Brazil's market regulator, the CVM, is pursuing action against Banco do Brasil's CEO, Tarciana Medeiros, for recommending its stock.

Assaí Denies Merger Talks with Private Giant Grupo Muffato as Strategic Board Maneuver Deepens Sector Speculation
Publicly listed Assaí denied any business combination with Grupo Muffato, but the private retailer's move to gain political rights is escalating Brazilian retail war.

JBS Names Founder's Grandson Wesley Batista Filho as Global CEO, Signaling Family Return to Top Spot
The world's largest meatpacker, JBS (JBSS3), announced Wesley Batista Filho will take over as Global CEO in January 2027, a planned return of the founding family to the chief executive role.

Batista Brothers Solidify Control, Aggressive Global Expansion as JBS Lands on NYSE
The full return of Wesley and Joesley Batista to JBS’s helm signals aggressive expansion, particularly in Asia, but reignites investor concerns over corporate governance risk.

JBS Tycoon Joesley Batista’s Diplomatic Role Signals Enduring Brazil Corporate-Political Nexus
The demonstrated influence of JBS co-owner Joesley Batista in US-Brazil diplomacy highlights corporate governance and ESG risks for investors.

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration
Brazil's utility giant Eletrobras is spending R$2 billion to redeem preferred shares, finalizing its migration to the B3 Novo Mercado segment.

Natura Controllers Seek OPA Waiver as Advent International Secures Board Seats
Cosmetics giant Natura &Co's controllers push to waive a mandatory tender offer as private equity firm Advent finalizes its strategic 8%-10% stake.

3tentos Faces CVM Probe After 16.01% Plunge on Selective Disclosure Allegations
Brazil’s securities regulator is probing agribusiness firm 3tentos (TTEN3) over potential selective disclosure of Q2 operational outlook.

Vale Board Moves to Oust Director Gasparino Over Leak
Vale's board has voted to sanction and seek the ouster of director Marcelo Gasparino da Silva following an independent probe into a confidential leak.

Vale Chairman Race: Ollie Takes Strong Lead Ahead of Key Vote
Manuel Lino Silva de Sousa Oliveira (Ollie) leads Vale's chairman race with 1.29 billion votes, signaling a major governance shift for the mining giant.

Vale Boardroom Battle Intensifies Ahead of Crucial Chairman Vote
Brazilian mining giant Vale faces a high-stakes governance showdown at its shareholders' meeting as Previ pushes for board changes.

Suno Snaps Up 4.6% Gafisa Stake Ahead of Key Shareholder Vote
Suno Asset Management has acquired a 4.6% stake in troubled homebuilder Gafisa (GFSA3) ahead of a crucial July 16 extraordinary general meeting.

Vale Chairman Daniel Stieler Resigns Amid Previ Pressure
Vale Chairman Daniel Stieler has resigned with immediate effect, avoiding a contested July 22 shareholder vote called by pension fund Previ.