Companhia De Saneamento (SBS) has released an update.
Companhia de Saneamento Básico do Estado de São Paulo – SABESP has announced the successful completion of necessary waivers and amendments with creditors and debenture holders in preparation for a public offering of secondary distribution of common shares held by the State of São Paulo. The offering is in line with State Law No. 17,853/2023, as the company moves forward with its strategic financial activities. This development could signal a new opportunity for investors and shareholders as the company continues to navigate the market.
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