Mergers & acquisitions (M&A)

Oct 6Official filingCapital Markets & M&AStocksM&A

CVM approves Arandu Partners tender offer for Arandu Investimentos

Arandu Partners Holding obtained approval from CVM, Brazil's securities regulator, to launch a tender offer for all remaining common shares of Arandu Investimentos S.A., excluding shares already held by the controller or in treasury. The company previously disclosed preliminary steps on September 7, 2025, and September 28, 2026. Terms and auction dates will follow in a forthcoming prospectus.

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• On October 5, 2026, the CVM, Brazil's securities regulator, approved Arandu Partners Holding's tender offer for up to all remaining common shares of Arandu Investimentos S.A.
• The offer excludes shares already owned by Arandu Partners Holding and treasury shares, with auction details to be published in a future notice.

Sources:CVM - Documentos IPE (PDF)

Oct 6ComunicaçõesTechStocksM&A

Claro NXT files unified tender offer to take Desktop private

Claro NXT Telecomunicações filed for a unified tender offer to acquire Desktop, convert its registration with CVM, Brazil's securities regulator, from category A to B, and delist it from the Novo Mercado segment of B3, Brazil's stock exchange. Payment depends on final debt adjustments and a held-back portion of R$ 1.5051 per share reserved for indemnity obligations.

• Offer price is set at R$ 19.1261 per share, indexed to the Selic rate from October 1, 2026.
• Shareholders holding 10% of circulating stock have 15 days to request a new valuation.
• Claro NXT retains the right to proceed solely with the change of control offer.

Sources:Money TimesTelesíntese (telecom)Valor Econômico

Oct 6Capital Markets & M&AStocksM&A

Regulator validates tender offer for Arandu Investimentos buyout

Arandu Investimentos confirmed that CVM, Brazil's securities regulator, approved the tender offer requested by parent company Arandu Partners. The transaction encompasses all outstanding common shares not currently in the controller's hands or stored in treasury, moving the asset manager closer to completing its corporate restructuring.

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• CVM approved the buyout registration for former Reag group company.
• Offer prospectus will establish the auction timeline and final terms.

Sources:Valor Econômico

Oct 6ComunicaçõesTechStocksM&A

Unifique controller proposes R$ 6.00 per share tender offer to delist

Unitá Participações proposed a buyout offer of R$ 6.00 per share to purchase all outstanding common shares of telecom provider Unifique. The transaction aims to convert the company's registration with CVM, Brazil's securities regulator, to category B, cancel its public trading registration, and exit the Novo Mercado listing segment of B3, Brazil's stock exchange.

• Proposed purchase price stands at R$ 6.00 per common share.
• Transaction contemplates complete withdrawal from B3's Novo Mercado.

Sources:InfoMoney

Oct 6Capital Markets & M&ATechStocksM&A

Ryan Enters Brazil Market Through Comtax Acquisition

US tax software firm Ryan acquired São Paulo tax tech and consulting firm Comtax, founded in 2018 by Marcelo Simões, Gilmar Brandão and Ricardo Carvalho, to expand its corporate compliance services across Latin America. Financial terms were not disclosed.

• Comtax was founded in 2018 in São Paulo by Marcelo Simões, Gilmar Brandão and Ricardo Carvalho.

Sources:Valor EconômicoO Globo (Economia)

Oct 6M&ATechStocksM&A

Poste Italiane Expands Telecom Italia Stake to 85.8 Percent

TIM Brasil reported that state-controlled Poste Italiane secured 1.832 billion common shares of parent Telecom Italia, or 85.823% of voting capital, through a voluntary tender offer settled on Oct. 2, 2026, alongside open-market purchases on Oct. 1 that brought its total holding to 1.857 billion shares.

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• Poste Italiane settled the voluntary offer on Oct. 2, 2026, taking its holding to 1.857 billion shares.
• TIM Brasil announced the updated ownership structure following filings from its parent entity.

Sources:InfoMoney