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Provider: Reuters Investment Profile
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Jereissati Participacoes SA Announces Plan of Incorporation of JP Participacoes SA and Listing on Novo Mercado Market


Friday, 14 Jun 2013 08:20am EDT 

Jereissati Participacoes SA announced that it has authorized Executive Board to promote corporate reorganization in order to simplify the Company's structure and to list ordinary shares of the Company on Novo Mercado market at BM&FBovespa. According to the reorganization plan, the Company will incorporate a new company, denominated JP Participacoes SA (JPP). In JPP the total of ordinary and preferred shares of the Company is held by Jereissati Participacoes SA's shareholders and Caixa Previdencia dos Funcionarios do Banco do Brasil SA PREVI (Previ), which together hold a 71.73% stake in the share capital of the Company. 

Company Quote

1.42
-0.01 -0.70%
21 Jul 2014