Mergers & Acquisitions ·
Telefônica Brasil S.A. announced its Board of Directors approved a merger of its wholly-owned subsidiary, Fibrasil…
VIVTelefonica Brasil S.A.
Telefônica Brasil S.A. announced its Board of Directors approved a merger of its wholly-owned subsidiary, Fibrasil Infraestrutura e Fibra Ótica S.A., into the parent company. The merger, which involves Fibrasil's shareholders' equity of R$812,613,844.28 at book value, will result in the dissolution of Fibrasil and its universal succession by Telefônica Brasil. Because the company owns all Fibrasil shares, the transaction will not increase share capital, issue new shares, or change the shareholding structure. The merger is intended to simplify corporate structure and optimize telecommunication infrastructure management. An Extraordinary Shareholders’ Meeting is scheduled for July 31, 2026, with an effective merger date of August 1, 2026. Telefônica Brasil S.A. provides communication and telecommunication services.