21 Firms Exit Brazil B3 as Delistings Hit Foreign Giants

Capital Markets Key Facts —The exodus. Twenty-one companies left the B3 exchange between January 2025 and April 2026. —Big names. Carrefour Brasil, Neoenergia, and Wilson Sons are among the foreign-controlled firms that went private. —Zero IPOs. Brazil recorded no new listings on B3 during the entire year of 2025. —The rate squeeze. Brazil’s benchmark Selic…