Afya answers shareholder questions ahead of merger vote
AFYA•Afya published a Q&A ahead of its November 25, 2026, shareholder meeting on its proposed all-stock merger with YDUQS. Shareholders controlling 96.2% of voting power have committed to support the deal, which would give Afya shareholders 69% of the combined company and YDUQS shareholders 31%.
1. Merger terms and timing
Afya said shareholders controlling 96.2% of voting power have committed to support the proposed merger, exceeding the two-thirds approval threshold. The combined company would trade only on B3, replacing Afya’s Nasdaq listing; ineligible shareholders would receive net proceeds from share sales instead. Completion is expected by March 31, 2028, subject to regulatory clearance and other conditions, and contractual extensions could delay closing.




