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29 Dec
14:54

Gerdau begins preference shares delisting

Brazil’s Gerdau is set to delist XGGB shares traded on the Latin American Stock Market (Latibex), Kallanish notes. The company submitted a request to initiate the necessary procedures on 27 December. “Gerdau appointed Banco Santander as coordinator of the delisting process, as well as Auriga Global Investors as an intermediary institution, which will act as a facilitating agent, to guide the procedures to be followed if any shareholder choose…
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