Stocks

Oct 16Official filingB3 FilingStocks

Sequoia Restores Audit Committee to Meet B3 Novo Mercado Rules

Sequoia Logística e Transportes appointed Ricardo Luiz de Aquino Silva to its Audit Committee for a two-year term starting Oct. 15, 2026, fulfilling a demand by B3, the Brazilian stock exchange operator. The board of directors also named Eduardo Gomes Fernandes as committee chairman, restructuring the internal governance body.

• Sequoia elected Ricardo Luiz de Aquino Silva to its Audit Committee for a two-year term starting October 15, 2026, following a request from B3, Brazil's stock exchange.
• Eduardo Gomes Fernandes was appointed Chairman of the Audit Committee, which now includes Luiz Henrique Nougués Wargaftig and Ricardo Luiz de Aquino Silva.
• The appointment restores the committee to the minimum of three members required by Article 22, V, of the B3 Novo Mercado Regulations.

Sources:CVM - Documentos IPE (PDF)

Oct 16Official filingConsumo CíclicoStocks

Lavvi launches R$538m in 3Q26 PSV as net sales fall 52% quarter-on-quarter

Lavvi Empreendimentos Imobiliários logged R$ 538 million in total launch volume for the third quarter of 2026, down 62% from R$ 1.41 billion in the second quarter of 2026 but up 27% from R$ 425 million in the third quarter of 2025. Net sales reached R$ 420 million in the quarter out of a R$ 3.2 billion total inventory, while nine-month net sales slid 4% year-over-year to R$ 1.6 billion.

• Total launched PSV reached R$ 538 million in 3Q26, down 62% from R$ 1.41 billion in 2Q26, led by the Well Perdizes project with R$ 418 million in PSV.
• Total net sales dropped 52% quarter-on-quarter to R$ 420 million in 3Q26 from R$ 875 million in 2Q26, with Lavvi's share (%Co) reaching R$ 290 million.
• Cash generation turned positive at R$ 13 million in 3Q26 versus a cash burn of R$ 28 million in 2Q26, while reaching R$ 89 million excluding land purchases.

Sources:CVM - Documentos IPE (PDF)

Oct 16Official filingB3 FilingStocks

Vibra defends delay in debranding plan requested by Petrobras before 2029

Vibra Energia submitted clarifications to CVM, Brazil's securities regulator, regarding an interpretation dispute with Petróleo Brasileiro S.A. over the deadline to present a trademark debranding plan. The licensing agreement signed in 2017 remains valid through June 28, 2029, following Petrobras's decision in January 2024 not to renew the partnership.

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• Vibra and Petrobras dispute the deadline for a debranding plan under a trademark licensing agreement valid through June 28, 2029, following Petrobras's non-renewal notice.
• Petrobras demanded a debranding plan within 180 days on July 23, 2025, but Vibra responded on Oct 27, 2025, that the window applies only upon contract termination, not non-renewal notice.
• Responding to CVM, Brazil's securities regulator, Vibra stated no arbitration or litigation is pending over the disagreement, which has been disclosed in its reference forms since 2024.

Sources:CVM - Documentos IPE (PDF)

Oct 16Official filingB3 FilingStocks

Moody's Local Upgrades Valid Corporate Rating to AA+.br

Moody's Local Brazil raised the corporate credit rating of Valid Soluções to AA+.br from AA.br, assigning a stable outlook on Oct. 15, 2026. The rating agency also upgraded existing debentures to AA+.br and assigned AA+.br to the company's proposed 12th debenture issuance, citing low leverage levels and solid operational cash generation.

• Moody's Local Brasil upgraded Valid's Corporate Rating to AA+.br from AA.br, maintaining a Stable Outlook on October 15, 2026.
• Moody's upgraded Valid's existing debentures to AA+.br and assigned an AA+.br rating to its proposed 12th Debenture Issuance.
• The agency cited Valid's active liability management, low leverage levels, strong liquidity, high interest coverage, and consistent cash flow.

Sources:CVM - Documentos IPE (PDF)

Oct 16Official filingB3 FilingStocks

Dexxos Subsidiary Keeps Methanol Distribution License After ANP Ruling

Dexxos Participações announced that ANP, Brazil's oil regulator, issued a final administrative ruling on Oct. 14, 2026, preserving subsidiary GPC Química's authorization to distribute methanol. The decision allows the unit to continue operating under established regulatory procedures following an administrative process opened in January 2026.

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• Brazil's oil regulator, ANP, issued a final decision on October 14, 2026, maintaining GPC Química S.A.'s authorization to distribute methanol.
• The ruling follows an administrative proceeding and updates a material fact previously disclosed by Dexxos Participações S.A. on January 16, 2026.

Sources:CVM - Documentos IPE (PDF)

Oct 16Official filingSaúdeStocks

Oncoclínicas faces court deadline to prove creditor quorum in recovery

The 3rd Bankruptcy Court of São Paulo noted the expiration on Oct. 13, 2026 of a 90-day window for Oncoclínicas to secure support from over 50% of creditors per class in its extrajudicial recovery. The court gave the oncology firm 15 days from publication in the official gazette to prove quorum or state how the restructuring will proceed.

• A São Paulo court gave Oncoclínicas 15 days from DJE publication to prove adherence of creditors holding over 50% of claims after a 90-day period expired on October 13, 2026.
• On August 25, 2026, Oncoclínicas formed an independent committee advised by Ernst & Young and Tozzini Freire Advogados to investigate transactions and expenses under previous management.

Sources:CVM - Documentos IPE (PDF)

Oct 16M&AStocksM&A

Itaú Unibanco acquires 35% stake in alternative manager Prisma Capital

Itaú Unibanco signed an agreement to acquire a 35% preferred stock stake in Prisma Capital through a primary capital increase, leaving current partners with 65% and operating control. Prisma holds R$ 28 billion in assets under management and has deployed R$ 14 billion across 120 transactions since its founding in 2017.

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• Existing partners retain a 65% controlling stake in Prisma Capital following Itaú's entry.
• Prisma Capital oversees R$ 28 billion in assets under management across alternative investment strategies.

Sources:Money TimesLet's Money

Oct 16Materiais BásicosStocks

Vale forecasts base metals contribution to reach 40% of EBITDA as copper expands

Chief Executive Officer Gustavo Pimenta stated at an industry conference in London that Vale's base metals division could generate over 40% of earnings before interest, taxes, depreciation and amortization in coming years, up from 30% currently. The mining group targets copper output of 700,000 metric tons by 2035 compared to over 380,000 tons in 2025.

• Vale targets 700,000 metric tons of annual copper output by 2035 against 380,000 tons in 2025.
• Pimenta noted a potential IPO for the base metals unit is not imminent.

Sources:Money TimesDiário do Comércio (MG)

Oct 16FinanceiroStocks

Post-Election Trading Surge Divides Brokers on B3 Profit Growth

Foreign investors poured R$ 10 billion into Brazilian equities on the first session after the election, driving single-day trading volume to R$ 103 billion compared to the R$ 62 billion October daily average. Analysts debate how much of B3's earnings recovery is priced into its 50% stock rally since late August, with BTG Pactual estimating a 25% profit boost by 2027 if daily volumes double, while UBS BB sees further upside.

• Foreign net inflows reached R$ 13 billion in October, led by a single-day record of R$ 10 billion after the election.
• UBS BB noted that B3 shares rose approximately 50% between late August and October.

Sources:Money Times

Oct 16Consumo CíclicoStocks

Casas Bahia Secures R$ 250 Million Credit Line From Banco do Brasil

Retailer Casas Bahia filed a B3 market announcement detailing a new credit line of up to R$ 250 million approved by its board on Oct. 8 with state-controlled Banco do Brasil. The agreement allows the company to advance customer sales receivables, subject to maintaining collateral equal to at least 20% of the nominal receivables value, and will expire within 60 days or when court authorization for its judicial recovery processing occurs.

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• The new facility replaces an earlier contract with Banco do Brasil, preventing cumulative credit limits.
• Disbursements remain conditional on judicial recovery authorization or the 60-day contractual cap.

Sources:InfoMoneyValor Econômico

Oct 16Petróleo, Gás e BiocombustíveisStocks

Petrobras Reaches R$ 800 Billion Market Value as Crude Prices Rise

Petrobras hit a record market capitalization of R$ 800 billion as preferred shares PETR4 climbed 1.92% to R$ 57.94 and common shares PETR3 gained 2.45% to R$ 65.34. The rally coincided with December Brent crude rising 0.92% to $106.66 a barrel on the Intercontinental Exchange, driven by supply concerns stemming from conflict between Saudi Arabia and Houthi rebels.

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• December Brent crude, the global benchmark, advanced 0.92% to $106.66 a barrel on ICE.
• PETR4 led gains on the Ibovespa index after reaching R$ 57.94 per share.

Sources:Money TimesSeu Dinheiro

Oct 16Bankruptcy & RestructuringStocks

Public Prosecutor Backs Casas Bahia Judicial Recovery Request

The MP-SP, São Paulo State Public Prosecutor's Office, submitted an opinion on Oct. 15, 2026, supporting the judicial recovery request of retailer Casas Bahia. Prosecutors stated that the company satisfied all statutory requirements and demonstrated ongoing commercial activity and economic viability needed for financial restructuring.

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• The MP-SP filed its legal opinion supporting Casas Bahia's restructuring on Oct. 15, 2026.
• Prosecution analysis concluded that the retailer proved economic viability for judicial recovery.

Sources:Folha de S. Paulo (Mercado)