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5 results for “Incorporation”

Arbitrage-Focused Brazil Real Estate Fund SNME11 Outperforms IFIX Ahead of Merger-Driven Dividend Surge
Investing• Aug 11

Arbitrage-Focused Brazil Real Estate Fund SNME11 Outperforms IFIX Ahead of Merger-Driven Dividend Surge

SNME11 is set to fully distribute its accumulated reserves, offering a short-term dividend boost before incorporating two other Real Estate Funds.

CVM Intervention Postpones Sabesp-EMAE Incorporation Vote; SBSP3 Shares Drop on M&A Uncertainty
PROMarkets• Jul 29

CVM Intervention Postpones Sabesp-EMAE Incorporation Vote; SBSP3 Shares Drop on M&A Uncertainty

Brazil's CVM delayed the EMAE EGM for 30 days, demanding new data to justify the share exchange ratio in the Sabesp takeover.

Sabesp-EMAE Incorporation EGM Maintained Despite CVM Demand for New Valuation Data
PROMarkets• Jul 29

Sabesp-EMAE Incorporation EGM Maintained Despite CVM Demand for New Valuation Data

Brazil’s CVM demanded more data on the EMAE-Sabesp share exchange ratio, injecting regulatory risk as the EGM remains set for July 30.

Sabesp and EMAE to Proceed with July 30 EGM Despite Opposition
Markets• Jul 28

Sabesp and EMAE to Proceed with July 30 EGM Despite Opposition

Sabesp and EMAE confirm their July 30 EGMs to vote on EMAE's incorporation will proceed despite minority shareholder lawsuits and a CVM postponement request.

Sabesp and EMAE Maintain Merger Vote Date Despite CVM Appeal and Lawsuit; SBSP3 Drops 2.14%
Small Caps• Jul 28

Sabesp and EMAE Maintain Merger Vote Date Despite CVM Appeal and Lawsuit; SBSP3 Drops 2.14%

Sabesp (SBSP3) and EMAE (EMAE3) confirm July 30 vote on incorporation, defying a legal challenge over a disputed R$32.15 valuation.