On Tuesday, August 11, 2026, Assaí (ASAI3) reported that, as of this date, there are no ongoing negotiations or considerations involving a business combination, merger, incorporation, or transfer of control between the company and Grupo Muffato, in response to an official request from the CVM regarding a story published by Veja magazine on August 10, 2026.
The company emphasized that it does not have a controlling shareholder or controlling shareholder group and that the significant stake held by the controllers of Grupo Muffato in the company’s capital, currently 11.19%, had already been disclosed in market notices dated November 26, 2025, and February 24, 2026, when it was reported that this acquisition would be submitted to review by the Administrative Council for Economic Defense (CADE).
Assaí stated that it has not granted investors linked to Grupo Muffato any special rights, differentiated access to information, or governance prerogatives beyond what is provided for in the Brazilian Corporations Law, CVM regulations, and the company’s bylaws. According to the company, any exercise of political rights or appointment of members to the board of directors by a shareholder operating in the same sector must comply with applicable legislation, CADE’s review, and internal rules on governance, confidentiality, equal treatment, and conflicts of interest.
The company assessed that the report mentioning a possible business combination with Grupo Muffato contains market inferences and speculation and reported that it has not identified any unusual fluctuation in the price or trading volume of its shares after publication. Assaí reiterated that, in the ordinary course of its management, it continuously evaluates alternatives for business development and value creation, but that, as of this date, there is no concrete fact or transaction in progress that would require the disclosure of a material fact.
