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2 results for “share exchange ratio”
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.
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.