Azevedo & Travassos S.A. (AZEV3, AZEV4) reported this Thursday, September 17, 2026, that its subsidiary Azevedo & Travassos Investimentos S.A. (ATI), through its controlled company Aviva Ambiental, entered into an agreement to divest its equity interest representing the controlling stake in the concessionaire Verde Alagoas Ambiental. Under the terms of the transaction, Aviva Ambiental will be entitled to receive R$ 21,000,000, corresponding to its portion of the acquisition price, to be paid in full in cash at closing, with R$ 600,000 withheld for contingencies, as provided for in the share purchase agreement (SPA).
According to the notice, completion of the transaction is subject to the fulfillment of customary conditions precedent for this type of deal, in accordance with the regulations applicable to the sector. The company also reported that the transaction reinforces ATI’s strategy of operating as an infrastructure investment platform focused on origination, development, and disciplined divestment of assets.
The funds from the transaction will be allocated in line with Azevedo & Travassos’ capital allocation guidelines, including support for new investments. The company emphasized that ATI remains active in managing its portfolio, continuously assessing investment and divestment opportunities.
