Mergers & Acquisitions ·
Sabesp and EMAE have executed a Protocol and Justification for a merger where EMAE will become a wholly owned…
SBSCompanhia de Saneamento Basico DO Estado de Sao Paulo-Sabesp
Sabesp and EMAE have executed a Protocol and Justification for a merger where EMAE will become a wholly owned subsidiary of Sabesp. EMAE shareholders (excluding Sabesp) will receive 1.3195 Sabesp common shares for each EMAE share held. The merger is subject to approval at Extraordinary Shareholders' Meetings for both companies on July 30, 2026, with estimated total costs of BRL 4.45 million. Dissenting EMAE shareholders may exercise withdrawal rights at approximately BRL 16.79 per share. Sabesp operates in the basic sanitation industry in the State of São Paulo, Brazil.