CVM delays EMAE shareholder meeting on Sabesp share-merger plan by 30 days - SBS News | RalliesCVM delays EMAE shareholder meeting on Sabesp share-merger plan by 30 days
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SBS• CVM postpones EMAE shareholder meeting
- SABESP shareholders backed a share merger that would fold all EMAE shares not already owned into SABESP.
- Closing remains conditional on EMAE shareholder approval.
- EMAE’s extraordinary shareholder meeting was delayed by a CVM order for 30 days.
- The postponement runs from the date EMAE provides shareholders with additional information required by the regulator.
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