Lojas Renner (LREN3) Negotiates Purchase of C&A Brasil (CEAB3), Columnist Says; Lupatech (LUPA3) requests the closure of the judicial recovery

The corporate radar this Monday (16) brings the news that Lojas Renner (LREN3) is in preliminary talks for the purchase of C&A (CEAB3) in Brazil, according to Lauro Jardim, columnist of the newspaper O Globo.

The Petrobras platform vessel Guanabara (PETR4), installed in the Mero field, has reached its maximum production capacity, with the threshold of 180,000 barrels of oil per day (bpd), about eight months after the unit entered service .

BTG Pactual (BPAC11) attempted to appeal an injunction from Americanas (AMER3), but the request was denied.

Lupatech (LUPA3) announced that on Friday the 13th it had filed a request to close the judicial reorganization process and its subsidiaries at the 1st Bankruptcy and Judicial Reorganization Court of São Paulo.

Check out more highlights:

AgroGalaxy (AGXY3)

AgroGalaxy Participações (AGXY3) announced that it has issued Certificates of Agribusiness Credits (CRA) for green finance.


According to a statement, the emission aims to support rural producers in the transition to sustainable, low-carbon and regenerative agriculture.

The program begins its first phase with the issuance of up to BRL 25 million in CRAs qualified as “transitional” by Nint’s Second Opinion and directs resources to up to 25 rural producers active in cereal crops, such as soybeans , wheat, corn and coffee. The project is expected to cover approximately 10,000 hectares in areas located in the Amazon, Cerrado and Atlantic Forest biomes.

The release is part of the GreenGalaxy program, created by the company with the aim of making agricultural production possible for its customers through a portfolio with the addition of bioinputs and the recovery of degraded areas for conversion into productive land.

Lojas Renner (LREN3) and C&A (CEAB3)

Lojas Renner (LREN3) is in preliminary talks to buy C&A (CEAB3) in Brazil, according to information from Lauro Jardim’s O Globo column.

According to sources consulted by the newspaper, the possible sale of C&A’s assets in Brazil would not be a surprise. The company, although it has not formalized the sale of assets in Brazil, is said to be behind the scenes consulting funds and strategic groups.

Lupatech (LUPA3)

Lupatech (LUPA3) has filed with the 1st Bankruptcy and Judicial Reorganization Court of São Paulo, a request to close the Judicial Reorganization process of Lupatech SA and its subsidiaries.

The company filed for judicial reorganization on May 25, 2015, which was granted with a judgment dated June 22, 2015. Since then the company has had its own Judicial Reorganization Plan, plus two subsequent amendments, approved by creditors and duly approved .

Petrobras (PETR4) announced on Friday that the Guanabara naval platform, installed in the Mero field, in the Santos Basin pre-salt, has reached its maximum production capacity, with the threshold of 180,000 barrels of oil per day (bpd), after approximately eight months after the entry into operation of the unit. Of the FPSO (floating oil production, storage and transfer system) type, Guanabara achieved this result with four production wells and three gas injectors. It is the first platform in a series of four permanent units planned for Mero, each with the capacity to produce up to 180,000 barrels of oil per day.

“The result demonstrates a ramp (evolution) of production at a steady pace, indicating high productivity in the field and a successful development strategy, within the most stringent operational safety standards,” said Fernando Borges, director of the exploration and production of Petrobras. .

American (AMER3)

The 4th Commercial Court of Rio de Janeiro, through Judge Paulo Assed, granted an emergency precautionary measure at the request of Americanas (AMER3) against the early maturity of the debts. The decision gives the company breathing room to face an unprecedented crisis after announcing an accounting deficit of R$ 20 billion. Additionally, after this decision, the Rio de Janeiro Court of Justice (TJRJ) gave Americanas 30 calendar days to file for judicial recovery.

The decision suspends the possibility of blocking, seizure or attachment of company assets. It also defers the dealer’s obligation to pay its debts, thus “buying time” for the company.

The request was made, according to the company, with the aim of guaranteeing the continuity of its entrepreneurial activity and allowing adequate protection of the Americanas group, seeking, together with its creditors, a valid alternative in light of the maturities of its financial debts . .

BTG Pactual (BPAC11) went to court this weekend to try to lift the injunction protecting Americanas (AMER3) from asset and asset freeze after disclosure of a R$20 billion accounting violation, throwing the retailer into debt of the company to approximately R $ 40 billion.

However, the injunction was rejected in the second instance in Rio de Janeiro this Sunday (15), according to the Pipeline column, by Valor Econômico. In the request to the Justice, that the Money info Gained access, BTG sued the retailer and charged Americanas with fraud.

Elven Medicines

The Board of Directors of Elfa Medicamentos approved the capital increase of the company corresponding to a contribution of at least R$ 253.6 million and a maximum of R$ 1.6 million, through the issue of ordinary shares, under private subscription.

Unidas (LCAM3) has filed with the Brazilian Commission for Securities and Exchanges (CVM) the request for conversion of the Company’s registration category as a publicly held company, from category “A” to category “B”.

Be Educational (SEER3)

Ser Educacional (SEER3) approved the merger of the subsidiaries Centro de Ensino Superior Piauiense; CIESPI-Integrated Center for Higher Education of Piauí; and Sociedade de Ensino Superior Piauiense and the consequent extinction of the incorporated companies.


BR Properties (BRPR3)

BR Properties (BRPR3) has received notice that GPIC and THB JV S.À RL have signed an agreement with GP Invstments, in which they undertake to carry out a voluntary public offering (OPA) for the purpose of acquiring common shares issued by the company and THB JV S.À RL has undertaken the obligation to have the controlling shareholder sell the shares it holds in the context of the takeover bid.

legs ([ativo=ZAMP3])

Zamp (ZAMP3) announced that the stake held by Mar Asset Management Gestora de Recursos has reached 13,789,480 ordinary shares, equal to 5.008% of the company’s shares.

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