Mergers & acquisitions (M&A)

Oct 14Official filingCapital Markets & M&AStocksM&A

PDG Realty Shareholders Acquire 5.57% Stake for Investment

A group of six individual investors jointly acquired 1,515,229 common shares of PDG Realty S.A., reaching a 5.5717% stake in the homebuilder. The acquisition was notified to CVM, Brazil's securities regulator, on October 12, 2026, with the shareholders stating the holding is strictly for investment purposes.

• A group of six shareholders acquired 1,515,229 common shares in PDG Realty, reaching approximately 5.5717% of the company's total shares.
• The investors declared the acquisition is strictly for investment purposes, with no intention to alter corporate control or management structure.

Sources:CVM - Documentos IPE (PDF)

Oct 14Official filingMateriais BásicosStocksM&A

BlackRock builds 5.04% preferred stake in Usiminas

BlackRock, Inc. disclosed to CVM, Brazil's securities regulator, that its aggregate holdings reached 27,604,517 preferred shares and 5,918 American Depositary Receipts of Usiminas on October 8, 2026. The steelmaker received the official notice on October 12, 2026.

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• On October 8, 2026, BlackRock reached 27,610,435 preferred shares in Usiminas, or 5.040% of total preferred shares, via direct shares and ADRs.
• BlackRock also acquired 8,342,524 cash-settled financial derivatives, representing 1.523% of Usiminas preferred shares.
• BlackRock stated the stake is strictly for investment without altering control, in a filing sent to CVM, Brazil's securities regulator.

Sources:CVM - Documentos IPE (PDF)

Oct 14Capital Markets & M&AStocksM&A

CADE Approves Panco's Purchase of Nutrella Brand from Bimbo Following Mandatory Divestment

CADE, Brazil's antitrust authority, unanimously ratified Panco as the approved buyer of the Nutrella bread brand, concluding a forced divestment mandated after Grupo Bimbo acquired Wickbold. Panco acquired the asset following a July judicial auction that generated a top bid of R$ 4.7 million, after CADE previously rejected four potential buyers proposed by Bimbo.

• The Nutrella asset auction peaked at R$ 4.7 million in its second phase, following an initial industry-restricted bid of R$ 3 million.
• CADE's administrative tribunal ratified the transaction after the agency rejected four buyers previously selected by Bimbo.

Sources:Valor EconômicoO Globo (Economia)