The company operates the Açu Port and originated from LLX Logística SA, from the entrepreneur Eike Batista, the tender offer occurred on Friday.
Prumo Logística said on Monday that it will proceed with the cancellation of its registration as a publicly-held company after the successful public takeover bid on Friday , according to company’s relevant fact to the market.
In the transaction, shares representing 10.46% of the company’s capital were acquired, for R $ 11.50/share, totaling R $ 452.2 million, according to the company.
Prumo said that the company’s remaining shares will leave B3’s New Market Exchange and will be traded in the core market segment starting Monday.
After the financial settlement of the tender, which will take place on March 14, outstanding shares will represent 1.44% of the company’s capital stock.