Mills (MILS3) reported on November 10, 2026, that the General Superintendence of CADE (Administrative Council for Economic Defense) approved, without restrictions, the acquisition by Loxam SAS of the controlling shareholders' stake, equivalent to 50.3% of the company's share capital.

The decision will become final 15 days after its publication in the Diário Oficial da União (the Federal Official Gazette), provided there is no appeal or call-up for review (avocação) by the CADE Tribunal.

The resolutions approved at the Extraordinary General Meeting of August 24, 2026 will take effect upon the closing of the transaction, as provided in the minutes.

After closing, Loxam is expected to launch a tender offer (OPA) for all of the remaining shares issued by Mills. The company will keep the market informed about the next steps of the transaction.

Tags:
MillsMILS3