Topic

Mergers & acquisitions (M&A)

Acquisitions, mergers, tender offers, asset sales and significant stake changes: a radar of Brazilian corporate deals.

Deal radar

Acquisitions, mergers, tender offers, asset sales and significant stake changes, with type, status and value when the story gives one. Nothing is estimated or summed.

107 deals in the last 30 days

DateTypeDealValueStatusCompanies
Oct 18OtherShine I FIP secures voting control of Braskem through debenture-funded tender offer··BRKM3
Oct 18OtherUnifique halts going-private tender offer following minority shareholder pushback··
Oct 18OtherXP Malls divests Cidade Jardim stake for R$ 456 million to fund acquisitions and trim debtR$ 456·
Oct 18MergerNBA teams revive rival ABA branding to celebrate merger five decades later··
Oct 17OtherBÝK expands voting stake in Taurus Armas to 81.30%··TASA3
Oct 17OtherWDC completes R$ 900k Teki buyouts without shareholder votingR$ 900·
Oct 17MergerAfya and Yduqs medical merger faces local market antitrust scrutiny at CADECade··
Oct 17OtherBatista family holding Globe Investimentos completes acquisition of Avibras Aeroco··
Oct 16OtherSFA Investimentos acquires 5.10% stake in Positivo Tecnologia··POSI3
Oct 16OtherPetro-Victory cuts stake in Azevedo & Travassos Energia below 10%··AZTE3
Oct 16OtherFund Challenges Regulator's Order for Billion-Reals Oncoclínicas Tender Offer··
Oct 16OtherItaú Unibanco acquires 35% stake in alternative manager Prisma Capital··ITUB3
Oct 15OtherBlackRock buys 5.055% stake in Cogna Educação··COGN3
Oct 15OtherSPX cuts Bemobi stake to 0.28% after selling relevant equity holding··
Oct 15MergerGetty Images prepares Chapter 11 bankruptcy after failed Shutterstock merger··
Oct 15Joint ventureAntitrust regulator CADE approves stablecoin joint venture involving Visa and MastercardCade··
Oct 15OtherEmbraer acquires majority stake in Indian aerospace firm NAL··EMBJ3
Oct 15MergerBiotech startups drive sixfold surge in reverse mergers to secure stock listings··
Oct 14OtherPDG Realty Shareholders Acquire 5.57% Stake for Investment··
Oct 14OtherBlackRock builds 5.04% preferred stake in Usiminas··USIM3
Oct 14OtherCADE Approves Panco's Purchase of Nutrella Brand from Bimbo Following Mandatory DivestmentCade··
Oct 13OtherStarbucks denies takeover talks while market speculates on Chipotle deal··
Oct 13MergerMergers and acquisitions expand rapidly across companies in Espírito Santo··
Oct 12OtherRonaldo Nazário buys controlling 51% stake in HEAD's Brazilian unit··
Oct 10OtherBlackRock raises Gerdau preferred stake to 10.025%··GGBR3
Oct 10OtherArandu Partners launches tender offer to delist Arandu Investimentos··ARND3
Oct 10OtherBlackRock builds 5.005% stake in Brazil's Copasa MG··
Oct 10OtherVela LatAm awaits antitrust approval to acquire IT provider PensoCade··
Oct 10OtherBrazilian M&A deal value rises 11% to R$ 210.7 billion despite lower volumeR$ 210.7·
Oct 9OtherBTG Pactual Gestão buys 5.11% stake in Espaçolaser··BPAC3
Oct 9OtherGQG Partners reduces AXIA Energia stake to 4.87%··AXIA3
Oct 9MergerSabesp and EMAE update timetable for share merger with last trading on Oct 23··SBSP3
Oct 9OtherBlackRock acquires 10% stake in B3 as prospective rivals prepare market entrance··
Oct 9OtherCross-border mergers expand beyond conglomerates into middle-market corporate deals··
Oct 9OtherBrazilian M&A volume rises 11% despite drop in total deal count··
Oct 9OtherPátria targets Cyrela's commercial building floors leased to Nubank··CYRE3
Oct 8OtherBlackRock reaches 10.075% stake in B3 through shares and ADRs··
Oct 8MergerAmerican Airlines secures conditional approval to buy stake in AzulCade··
Oct 8MergerParamount Skydance completes merger to form combined entertainment giant··
Oct 8OtherCarrefour Sells 21 Stores to Grupo Pereira in Retail ExpansionCade··
Oct 7OtherClaro NXT files unified tender offer to delist Desktop at R$ 19.1261 per shareR$ 19.1261·
Oct 7OtherInvesco cuts stake in homebuilder Cyrela below 5% threshold··CYRE3
Oct 7OtherB3 targets technology and fixed income expansion under new management··
Oct 7OtherOranjeBTC grants executive stock option at R$ 15.72 strike priceR$ 15.72·
Oct 6OtherCVM approves Arandu Partners tender offer for Arandu Investimentos··ARND3
Oct 6OtherClaro NXT files unified tender offer to take Desktop private··
Oct 6OtherRegulator validates tender offer for Arandu Investimentos buyout··ARND3
Oct 6OtherUnifique controller proposes R$ 6.00 per share tender offer to delistR$ 6.00·
Oct 6OtherRyan Enters Brazil Market Through Comtax Acquisition··
Oct 6OtherPoste Italiane Expands Telecom Italia Stake to 85.8 Percent··TIMS3
Oct 5OtherMilitary Police arrest two men in Boa Vista carrying hidden cash tied to vote buying allegations··
Oct 4OtherUnitá seeks to delist Unifique in R$6.00 per share tender offerR$6.00·FIQE3
Oct 4OtherCombined Paramount and Warner Bros Entity Named Skydance Ahead of Launch··
Oct 4MergerLeaked Messages Reveal Proposed Enel and Light Merger Discussed with Energy Minister··
Oct 3OtherSimpar shifts Movida swaps into spot shares while maintaining total stake··MOVI3
Oct 3OtherClaro buys 72.8 percent of Desktop for R$ 1.75 billion and plans tender offerR$ 1.75·
Oct 3OtherFleury Acquires Unilab for R$ 55 MillionR$ 55·FLRY3
Oct 2OtherFleury acquires Unilab for R$ 55 million to expand in São Paulo and Minas GeraisR$ 55·FLRY3
Oct 2MergerVoke approves internal merger of subsidiaries CSI Loctech and Renter··
Oct 2MergerCantu Store approves reverse merger into CPX to pursue Category A CVM status··

Value as stated in the story.

Official CVM filings on stakes and control

Filings on acquisition or sale of significant stakes, tender offers and control notices lodged with the CVM. Public record only: date, category and subject.

  • Taurus Armas S.A.Declaração de Aquisição de Participação Acionária RelevanteComunicado ao Mercado
  • BraskemResultado da Oferta Pública de Aquisição de AçõesAviso aos Acionistas
  • Livetech da Bahia Indústria e Comércio S.A.Conclusão aquisição da TekiComunicado ao Mercado
  • Taurus Armas S.A.Declaração de Alienação de Participação Acionária RelevanteComunicado ao Mercado
  • Direcional Engenharia S.A.Declaração de Alienação de Participação Acionária RelevanteComunicado ao Mercado
  • BraskemBraskem comunica sobre correspondência enviada pelo Shine I FIP sobre o resultado da oferta pública de aquisição das ações de emissão da BraskemFato Relevante
  • Positivo TecnologiaDeclaração de Aquisição de Participação Acionária RelevanteComunicado ao Mercado
  • FleuryDeclaração de Alienação de Participação Acionária RelevanteComunicado ao Mercado
  • Gafisa S.A.Declaração de Alienação de Participação Acionária RelevanteComunicado ao Mercado
  • SuzanoDeclaração de Aquisição de Participação Acionária RelevanteComunicado ao Mercado
  • Azevedo & Travassos Energia S.A.Declaração de Alienação de Participação Acionária RelevanteComunicado ao Mercado
  • ECORODOVIAS INFRAESTRUTURA E LOGÍSTICA S.A.Declaração de Alienação de Participação Acionária RelevanteComunicado ao Mercado

M&A news

Capital 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)

M&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.

TIMS3

  • 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

M&AStocksM&A

Military Police arrest two men in Boa Vista carrying hidden cash tied to vote buying allegations

Officers intercepted Paulo Roberto Alves Temoteo and Jesus Ribeiro carrying R$ 30,000 in R$ 100 bills inside their socks and shoes out of a total R$ 30,500 seized near Capitão Ene Garcez Avenue on Friday. The suspects admitted to police that the funds were intended to purchase votes for approximately R$ 300 each and stated they worked for candidate Nicoletti, while officers also seized campaign stickers for candidate Zé Haroldo and a radio communicator.

  • Police seized two packages of R$ 10,000 from Temoteo and one package of R$ 10,000 from Ribeiro during the search.
  • A mobile phone found inside the vehicle contained campaign stickers supporting candidates Nicoletti and Zé Haroldo.

Sources:O Globo (Economia)

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