Paranapanema Debenture Conversion Gives Single Shareholder More Than 81% Stake
Bitget2026/10/30 21:50- Paranapanema, in judicial recovery, disclosed full conversion of its 11th issuance debentures on October 30, 2026.
- A single shareholder will hold more than 81% of share capital once applicable bookkeeping procedures are completed.
- The resulting control structure supports management’s strategy to restructure liabilities and secure working capital to resume large-scale operations.
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