Mergers & Acquisitions ·
Telefônica Brasil shareholders approved the merger of its wholly-owned subsidiary Fibrasil Infraestrutura e Fibra…
VIVTelefonica Brasil S.A.
Telefônica Brasil shareholders approved the merger of its wholly-owned subsidiary Fibrasil Infraestrutura e Fibra Ótica S.A. into the parent company, effective August 1, 2026. The transaction values Fibrasil's net equity at R$812,613,844.28 based on a December 31, 2025 appraisal. Because Fibrasil is wholly owned, the merger involves no share exchange ratio or capital increase. The meeting also ratified the election of María Cristina Rotondo Urcola as an independent board member. Telefônica Brasil operates in the telecommunications industry.