The Rio Times
Americas · 38 mins ago
Sabesp and EMAE Push Ahead with Merger Vote Despite CVM Request and Lawsuit
Brazil Corporate Governance Key Facts —Meetings proceed. Sabesp and EMAE confirmed their July 30 extraordinary shareholder meetings will go ahead as scheduled. —CVM request. A dissenting shareholder asked Brazil’s securities regulator to delay the meeting notice period. —Lawsuit filed. The same investor lodged a precautionary court action seeking to suspend the EMAE meeting or invalidate…
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