With many years of operation and consolidated as important companies, some companies are ending their activities on the Stock Exchange. Saying goodbye to a relevant era and position, leaving room for giants in their business sectors, asking for delisting from public stock.
Between January and March of this year, four companies started the process. They have already asked the Securities and Exchange Commission (CVM) and follow the next steps to, in fact, leave the registration as a public company.
Goodbye open capital: discover the companies
See below the four companies that asked the CVM to cancel their registration as a publicly traded company, that is, they are no longer present on the B3, the Brazilian Stock Exchange.
The former Banco Econômico was acquired by BTG Pactual in October 2022, following exiting the judicial recovery process and changing its name. The financial institution carried out a unified public offer for the acquisition (OPA) of common and preferred shares by BTG.
Therefore, the next step is to proceed with the process of canceling your registration as a publicly traded company. It is worth remembering that the Bahian bank went bankrupt there in the mid-1990s. But before that, it was simply the oldest private bank in Brazil, founded in 1834, in Salvador.
Metalgráfica Iguaçu wrote 70 years of history in the Brazilian market. It changed ownership in November 2021, being acquired by CSN, which bought the company from Paraná to continue with the food can manufacturing business.
Surely you must have already consumed this brand, because, for years, the company produced cans of tomato paste under the Elefante brand.
In the first months of 2023, the company informed that it had begun the process of canceling the registration with the CVM and also the listing of M. Iguaçu on the Stock Exchange, where both common and preferred shares were traded.
Dommo Energia was acquired by PRIO in the second half of 2022, And already incorporated by the parent company, it requested the cancellation of its registration as a publicly held company in category A in 2023. Before that, the company belonged to businessman Eike Batista under the name of OGX, the which also left the B3.
Closing the list of four companies that say goodbye to the stock market, Riva Incorporadora already has a request to the CVM for the cancellation of registration in category A. The process to be approved at an extraordinary general meeting (AGE) was carried out in December last year .
The reason for the request is due to the objective of adapting the company to the purpose of the next fiscal years. As a result, a public offering of shares (OPA) was waived.
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