Novo Mercado

Vitru Announces Proposed Group Restructuring and Migration of Listing

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Mardi, septembre 5, 2023

Communication, IPO, ADS, Form F-4, Novo Mercado, Cyprus Securities and Exchange Commission, Sale, CVM, Prospectus, Form, FORM, B3, Security (finance), Cryptocurrency, Vitrue, Inc.

If approved, the proposal would merge Vitru into its wholly-owned subsidiary, Vitru Brasil Empreendimentos, Participações e Comércio S.A., a Brazilian corporation (sociedade anônima) (“Vitru Brazil”), pursuant to which Vitru Brazil would be the surviving entity and would become the new holding company for the Vitru group.

Key Points:

If approved, the proposal would merge Vitru into its wholly-owned subsidiary, Vitru Brasil Empreendimentos, Participações e Comércio S.A., a Brazilian corporation (sociedade anônima) (“Vitru Brazil”), pursuant to which Vitru Brazil would be the surviving entity and would become the new holding company for the Vitru group.
Vitru Brazil intends to list its common shares under the Novo Mercado segment of B3 S.A. – Brasil, Bolsa, Balcão (the “B3”).
It is expected that Vitru Brazil will set up a temporary American depositary shares (“ADS”) program to facilitate the delivery of common shares of Vitru Brazil to holders of common shares of Vitru Cayman.
This communication is being made in respect of the proposed corporate restructuring of Vitru and Vitru Brazil.

Group of Shareholders Opposes Equifax offer to Acquire Boa Vista

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Mardi, mai 2, 2023

A group of investors of Boa Vista signed a letter delivered to the Board of Directors at the end of February to state that they do not accept the offer of R$ 8 per share to merge Boa Vista with the non-operational Brazilian subsidiary of Equifax.

Key Points:

A group of investors of Boa Vista signed a letter delivered to the Board of Directors at the end of February to state that they do not accept the offer of R$ 8 per share to merge Boa Vista with the non-operational Brazilian subsidiary of Equifax.
The implicit multiple in the offer, 8.9x of Boa Vista’s EBITDA, is low, particularly when compared with the 19.3x multiple for Equifax at the time of the offer.
In addition to this, Boa Vista has more than R$ 1 billion in net cash and has been consistently growing more rapidly than Equifax, all elements that justify a much higher price, explains the group.
At this price, the Minority Shareholders believe that the shareholders are better served by keeping Boa Vista independent.

Sinqia, a leading technology provider for the Brazilian financial market, announces C-level executives and new names for the Board of Directors

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Mercredi, juillet 13, 2022

SÃO PAULO, July 13, 2022 /PRNewswire/ -- The largest provider of technology and innovation for the Brazilian financial sector, Sinqia S.A. (B3: SQIA3) starts a new phase. In addition to the excellent results and growth records in recent years the Company achieved a new level, reinforcing now the executive board and the board of directors.

Key Points:

SO PAULO, July 13, 2022 /PRNewswire/ --The largest provider of technology and innovation for the Brazilian financial sector, Sinqia S.A. (B3: SQIA3) starts a new phase.
In addition to the excellent results and growth records in recent years the Company achieved a new level, reinforcing now the executive board and the board of directors.
The company announces the arrival of Joo Carlos Bolonha as Chief Product, People, Technology, and Sales Officer.
"Sinqia is no doubt the biggest technology company for the financial sector and could become even bigger in the coming years.

CSU (CARD3:BZ) Posts All-time High Net Income For a Q1, up by 20.7%

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Mercredi, mai 11, 2022

SÃO PAULO, May 11, 2022 /PRNewswire/ -- CSU (CARD3:BZ), a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients' loyalty and incentives, posts all-time high net income for a 1st quarter of R$15.5 million, up 20.7% over same quarter of 2021.

Key Points:

Earnings before interest, taxes, depreciation and amortization (EBITDA) between January and March 2022 was record of R$ 39.2 million, up 9.3% over 1Q21.
Net revenue was record of R$ 131.6 million, up 6.4% over last year.
The CSU.Contact unit, focused on customer experience and represents 23% of profitability, grew 3.7% with gross margin of 15.6%.
Founded in 1992, CSU is a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients' loyalty and incentives.

CSU (CARD3:BZ) POSTS BEST RESULTS IN ITS HISTORY IN 2021, WITH RECORD-HIGH REVENUE, EBITDA AND NET INCOME

Retrieved on:

Jeudi, mars 10, 2022

Paulo, Novo Mercado, CSU, M&A, CFO, EBITDA, Science and technology in Asia, Tax, Mobile backend as a service, Depreciation, Solution, BZ, Growth, IOC, Insurance, History, Video game, Bank

SÃO PAULO, March 10, 2022 /PRNewswire/ -- CSU (CARD3:BZ), a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients' loyalty and incentives, announces record net income of R$ 60.5 million in 2021, up 29.3% in annual base. In the quarter, R$16.7 million, 2nd highest in history, 18.9% above same quarter of 2020.

Key Points:

In the quarter, R$16.7 million, 2nd highest in history, 18.9% above same quarter of 2020.
Earnings before interest, taxes, depreciation and amortization (EBITDA) between January and December 2021 was record of R$151.5 million, up 15.8% over last year same quarter.
From October to December, it totaled R$ 38.3 million, highest for a 4th quarter, 9.0% above 4Q20.
Annual net revenue was record of R$ 514.0 million, an increase of 12.5% from a year earlier.

TIM Brasil Implements the Largest Satellite Network in Latin America and Expands 4G Coverage to the Northern Region

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Mercredi, mars 2, 2022

TIM Brasil is expanding Sky Coverage to new points in the northern region of the country in partnership with Intelsat , operator of the largest integrated satellite and terrestrial network in the world.

Key Points:

TIM Brasil is expanding Sky Coverage to new points in the northern region of the country in partnership with Intelsat , operator of the largest integrated satellite and terrestrial network in the world.
The project also expands connectivity for the agribusiness sector, especially for equipment and investments in the Internet of Things (IoT).
Today we have the largest satellite backhaul in Latin America to support us in the expansion of 4G from north to south of the country.
To evolve together with courage, transforming technology into freedom is the purpose of TIM, operator with national operations and leader in 4G coverage.

TIM Brasil Reaches Over 1,000 Sites Leveraging Gilat’s Platform to Build the Largest 4G Satellite Cellular Backhaul Network in Latin America

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Lundi, février 28, 2022

PETAH TIKVA, Israel, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that TIM Brasil, a Tier-1 mobile network operator, has reached a milestone of over 1,000 sites leveraging Gilat's SkyEdge II-c platform to build the largest 4G satellite cellular backhaul network in Latin America.

Key Points:

PETAH TIKVA, Israel, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that TIM Brasil, a Tier-1 mobile network operator, has reached a milestone of over 1,000 sites leveraging Gilat's SkyEdge II-c platform to build the largest 4G satellite cellular backhaul network in Latin America.
Gilat's platform demonstrates carrier grade service levels in support of the extended 4G rural coverage and agriculture IoT connectivity.
As new sites are added to the 4G network, Gilat provides to TIM Brasil a unique one-stop-shop for timely deployment, commissioning, and activation of satellite backhaul services, leveraging Gilats local presence and delivery capabilities.
Gilat's SkyEdge II-c platform and high-performance Capricorn VSATs enable us to extend this project across one-thousand sites, proudly building the largest 4G satellite backhaul in the region.

TIM partners with DigitalReef to create new mobile marketing and advertising channel

Retrieved on:

Lundi, décembre 20, 2021

RIO DE JANEIRO, Dec. 20, 2021 /PRNewswire/ -- TIM, the leading 4G operator in Brazil, has teamed up with DigitalReef, a global mobile marketing and advertising technology company, to create a new marketing and advertising channel using the "My TIM" application.

Key Points:

RIO DE JANEIRO, Dec. 20, 2021 /PRNewswire/ -- TIM, the leading 4G operator in Brazil, has teamed up with DigitalReef, a global mobile marketing and advertising technology company, to create a new marketing and advertising channel using the "My TIM" application.
The technology provided by the partnership with DigitalReef involves SDKs (software development kits), which integrate existing applications into the "My TIM" application.
The new model also allows suppliers and partners to run advertising campaigns and suggest their products more effectively.
DigitalReef brings together an internationally experienced executive team of over 100 employees, implementing leading-edge mobile marketing and advertising technologies throughout Latin America.

XP Inc. Acquires Minority Stake in Real Estate Financing Startup Direto

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Jeudi, décembre 9, 2021

XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the signing of an agreement with Direcional Engenharia (BVMF: DIRR3) to invest in the real estate financing startup Direto.

Key Points:

XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the signing of an agreement with Direcional Engenharia (BVMF: DIRR3) to invest in the real estate financing startup Direto.
Direto will rely on XP's distribution structure, tech platform and funding solutions and on Direcional's knowledge and efficiency in the real estate market, acting in business origination and in the formation of a team with extensive real estate and credit analysis experience.
The management of Direto will remain independent from its shareholders, with its own team in So Paulo and Belo Horizonte.
The deal will allow XP Inc. to expand its operations in the real estate segment, in which it is already one of the main references in the structuring and distribution of Certificates of Real Estate Receivables (CRI) and Real Estate Investment Trusts (REIT) and in the securitization market.

CSU posts record high net income in Q3

Retrieved on:

Mercredi, novembre 10, 2021

Paulo, Novo Mercado, Service, Acquisition, PIX, BZ, Growth, Investment, Company, Solution, CSU, Security (finance)

SÃO PAULO, Nov. 10, 2021 /PRNewswire/ -- CSU (CARD3:BZ), a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients' loyalty and incentives, discloses the third quarter 2021 results, with record net revenue of R$131.4 million, EBITDA of R$38.1 million and net income of R$16.0 million. Such figures are higher, respectively, by 15.6%, 12.6% and 31.4% over the same quarter of 2020.

Key Points:

SO PAULO, Nov. 10, 2021 /PRNewswire/ -- CSU (CARD3:BZ), a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients' loyalty and incentives, discloses the third quarter 2021 results, with record net revenue of R$131.4 million, EBITDA of R$38.1 million and net income of R$16.0 million.
Such figures are higher, respectively, by 15.6%, 12.6% and 31.4% over the same quarter of 2020.
For Mr. Ricardo Leite, Investor Relations Officer, "the sustainable increase of results is associated with the process of customers' digitalization, with high technology and innovation alongside a 2-digit EBITDA expansion in both units."
Founded in 1992, CSU is a leading company in the Brazilian market in state-of-the-art technological solutions for payment means, customer experience and clients' loyalty and incentives.