CVM, federal officials studying bill to postpone shareholder meetings
The Securities and Exchange Commission of Brazil is working with federal officials on a provisional measure that allows postponing shareholder meetings in Brazil for six to nine months, due to the ongoing pandemic. Brazilian law mandates such meetings until April 30, and trade group of listed companies Abrasca had already introduced a proposal to postpone them by up to 90 days. Meanwhile, Odebrecht will hold a creditor meeting online next week, ensuring a...
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