JHSF calls for temporary suspension of mall division IPO request review
SAO PAULO (Reuters) - JHSF Participações has asked the Brazilian Securities Commission (CVM) to temporarily suspend for 60 business days the analysis of the public offer for distribution of ...
SAO PAULO (Reuters) - JHSF Participações has asked the Securities and Exchange Commission (CVM) to temporarily suspend for 60 business days the analysis of JHSF Mall's IPO and its membership. to Novo Mercado, B3's highest corporate governance segment, according to a material fact disclosed on Tuesday."The request to discontinue the offer stems from the need for the company and Malls, together with their respective creditors, to have additional time to advance and complete the debts and guarantees debugging between the entities, necessary for full separation between both entities, prior to the beginning of the transaction. offer, "JHSF said in the relevant fact.JHSF Malls is the shopping mall arm of real estate company JHSF Participações.During the suspension period, Malls will follow the process of approximation with the market and potential investors, within the limits estab...
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