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8 results for “corporate restructuring

TIM Brasil Gets New Indirect Controller as Italy’s Poste Italiane Takes Over Telecom Italia
PROMarketsSep 21

TIM Brasil Gets New Indirect Controller as Italy’s Poste Italiane Takes Over Telecom Italia

Italy's state-backed Poste Italiane becomes the ultimate parent of TIM Brasil after successfully acquiring 66.6% of Telecom Italia.

Brazilian Tech Company Bemobi Moves to Absorb Subsidiary 7AZ to Streamline Operations
PROSmall CapsSep 03

Brazilian Tech Company Bemobi Moves to Absorb Subsidiary 7AZ to Streamline Operations

Brazilian mobile digital services firm Bemobi is incorporating its wholly-owned subsidiary 7AZ Softwares to reduce costs and simplify its corporate structure.

Cosan to Delist from NYSE After R$2.57 Billion Agricultural Unit Spin-off
PROSmall CapsAug 15

Cosan to Delist from NYSE After R$2.57 Billion Agricultural Unit Spin-off

Brazilian conglomerate Cosan is voluntarily delisting its ADSs from the NYSE as part of a major corporate restructuring to simplify its balance sheet and structure.

Steel Giant Gerdau Plots Major Restructuring to Rebalance Earnings Back to Brazil
PROMarketsAug 12

Steel Giant Gerdau Plots Major Restructuring to Rebalance Earnings Back to Brazil

Gerdau will unveil a decade-long plan in October to transform its Brazilian unit, which currently contributes only 20% of its core profit.

Sabesp-EMAE Merger Vote Proceeds July 30 Despite Legal Challenge, Confirming Post-Privatization Momentum
MarketsJul 28

Sabesp-EMAE Merger Vote Proceeds July 30 Despite Legal Challenge, Confirming Post-Privatization Momentum

Sabesp and EMAE confirmed their EGMs will proceed on July 30 to vote on the merger, pushing back on a minority shareholder's legal challenge.

Paranapanema Secures $40M Dubai Investment Offer
MarketsJul 16

Paranapanema Secures $40M Dubai Investment Offer

Brazilian copper producer Paranapanema S.A. receives a binding $40 million investment proposal from Dubai-based HW Holding Ltd. amid judicial recovery.

HBR Realty Launches All-Stock Takeover Bid for Helbor
PROMarketsJul 07

HBR Realty Launches All-Stock Takeover Bid for Helbor

HBR Realty proposes a merger with Helbor to eliminate a persistent 30% valuation discount and combine recurring income with residential development.

HBR Realty Proposes All-Stock Merger with Helbor
MarketsJul 06

HBR Realty Proposes All-Stock Merger with Helbor

HBR Realty launches a public exchange offer to acquire Helbor Empreendimentos, aiming to consolidate operations and delist the homebuilder from the B3.