Banco Macro (BMA) has released an update.
Banco Macro shareholders have overwhelmingly approved a merger with Banco BMA S.A.U., with the transaction set to be retroactive to the start of the year, pending regulatory approvals. The board has been granted extensive powers to amend the merger terms if required by regulatory bodies. Additionally, specific individuals have been authorized to execute the final merger agreement and complete the necessary steps to secure authorization and registration of the merger.
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