Equatorial Acquires 15% Stake in SABESP
Company Announcements

Equatorial Acquires 15% Stake in SABESP

Companhia De Saneamento (SBS) has released an update.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP has announced that CADE has approved the acquisition of a 15% stake in Sabesp by Equatorial, following the sale of these shares by the State of São Paulo. The transaction took place as part of Sabesp’s Secondary Public Offering of Common Shares. The company has committed to keeping its shareholders and the market updated on any further developments.

For further insights into SBS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskSABESP Elects New Board in Online Meeting
TipRanks Auto-Generated NewsdeskSABESP Strengthens Audit Committee with New Leadership
TipRanks Auto-Generated NewsdeskSABESP Appoints New CEO Amidst Privatization
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App