Dossier
EMAE
Coverage of EMAE in the Nexus archive.
- Sabesp-EMAE Merger Vote Proceeds Despite Legal Challenge
Sabesp and EMAE confirmed their July 30 extraordinary shareholder meetings will proceed as scheduled despite a legal challenge. A dissenting shareholder requested Brazil’s securities regulator (CVM) to delay the meeting notice period and filed a lawsuit seeking to suspend the EMAE meeting or invalidate the merger.
- Brazil’s Sabesp to Fully Absorb EMAE, Vote Set for July 30
Brazil’s Sabesp plans to fully absorb power utility EMAE by acquiring remaining shares, with shareholder votes scheduled for July 30 to delist EMAE from B3.