Mergers & Acquisitions ·
Sabesp and EMAE provide updated timetable for merger of shares
SBSCompanhia de Saneamento Basico DO Estado de Sao Paulo-Sabesp
Sabesp and EMAE have issued an updated estimated timetable regarding the merger of shares, which involves Sabesp incorporating all EMAE shares not currently held by Sabesp. The process includes a withdrawal right period that began on September 18 and is scheduled to end on October 19, 2026. Reimbursement for shareholders exercising withdrawal rights is expected by October 21, 2026, with the last trading day for EMAE shares on the B3 exchange set for October 23, 2026. The companies expect to confirm the consummation of the merger and the credit of Sabesp shares to EMAE shareholders on October 27, 2026. Sabesp is a water and sanitation company operating in Brazil.