Mergers & Acquisitions ·
SABESP completes EMAE merger via 1.3195 share exchange ratio; dissenters may withdraw at R$18.18 per share
SBSCompanhia de Saneamento Basico DO Estado de Sao Paulo-Sabesp
SABESP shareholders approved the merger of EMAE – Empresa Metropolitana de Águas e Energia S.A. into SABESP via a share exchange ratio of 1.3195 SABESP shares for each EMAE share. The transaction was finalized following EMAE shareholder approval on September 16, 2026. Dissenting EMAE shareholders may exercise withdrawal rights until October 19, 2026, receiving R$ 18.18 per share based on the June 30, 2026 book value. SABESP operates in the basic sanitation and water utility industry.