trending Market Intelligence /marketintelligence/en/news-insights/trending/b91CkOJiNqxPRG_ZSXKeRA2 content esgSubNav
In This List

Shareholders of MRV Engenharia's commercial properties unit approve spinoff

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Shareholders of MRV Engenharia's commercial properties unit approve spinoff

Log Commercial Properties e Participações SA said its shareholders approved its spinoff from Brazilian homebuilder MRV Engenharia e Participações SA.

As a result of the transaction, 32,045,013 shares owned by MRV in Log Commercial will be attributed directly to MRV shareholders at a ratio of 0.07215075382 share to 1 share of MRV.

Log Commercial will join MRV as a listed company in the Novo Mercado segment of Brazil's B3 stock exchange, according to a release.