COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (SBS) Form 6-K — Jun 30, 2026
SABESP and its controlled subsidiary EMAE executed a Protocol and Justification on June 29, 2026 for the merger of EMAE into SABESP. EMAE shareholders other than SABESP will receive 1.3195 SABESP common shares for each EMAE common or preferred share, a ratio negotiated by independent committees and more favorable than the Article 264 appraisal ratio of 1.0191601. Both companies' Boards of Directors approved the transaction and called Extraordinary Shareholders' Meetings for July 30, 2026 to vote on the merger. Upon completion, EMAE will become a wholly-owned subsidiary of SABESP and will voluntarily delist from B3's Traditional segment.
Key figures
- Egm Date
- July 30, 2026
- Exchange Ratio
- 1.31950000000 SABESP common shares per EMAE share
- Merger Costs EMAE BRL
- 2300000.00
- Merger Costs Total BRL
- 4450000.00
- Article264 Appraisal Ratio
- 1.0191601 SABESP common shares per EMAE share
- Withdrawal Right Book Value Per Share BRL
- 16.79
AI analysis
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