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Banco Indusval SA (IDVL4.SA)

IDVL4.SA on Sao Paolo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Banco Indusval SA's board of directors approves proposal for launching public offering for acquisition of shares for delisting
Friday, 11 Mar 2016 06:45am EST 

Banco Indusval SA:Says that its board of directors has approved the proposal for launching a public offering for acquisition of shares for cancellation of registration of a publicly held company.The offering is for all the outstanding shares of the company, that is for 37.9 million ordinary shares and 29.6 million preferred shares.The offer price will be based on the issue price in the capital increase approved in Aug. 2015, of 1.27 Brazilian reais per ordinary or preferred share.  Full Article

Banco Indusval SA to ratify fully subscribed share capital increase of 80 million Brazilian reais
Friday, 30 Oct 2015 06:33am EDT 

Banco Indusval SA:Says that share capital increase of 80 million Brazilian reais has been fully subscribed for after unsubscribed shares auction held on Oct. 27, 2015.Says that 56,519,930 common and 6,472,196 preferred shares have been issued with the issue price of 1.27 real per share.Says will call Extraordinary General Meeting on Nov. 18, 2015 for the purposes of capital increase ratification.  Full Article

Banco Indusval SA proposes capital increase through private subscription
Wednesday, 19 Aug 2015 09:56am EDT 

Banco Indusval SA:Proposes a capital increase of 80 million Brazilian reais, through the issue of 56.5 million of new ordinary shares and 6.5 million preferred shares. with the issue price of 1.27 real per share.Decision to be voted on Aug. 31.  Full Article

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