Americanas Gets Green Light for Capital Boost Amid Bankruptcy

Brazil’s Americanas (AMER3) has received approval from the country’s watchdog Cade to increase its capital. This move is part of the company’s ongoing bankruptcy recovery efforts and allows the subscription and full payment of new common shares. This transaction involves a minority stake purchase by Bradesco, Santander, Itaú, Safra, and BTG Pactual. Additionally, control will […]