Smart Fit agrees to buy up to 20% stake in Buddha Spa for up to R$ 32 million

Bitget2026/11/04 23:21

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Smart Fit agreed on October 4, 2026, to acquire and subscribe for Buddha Spa shares, targeting a stake of up to 20%.
The investment could total up to R$ 32 million.
A purchase option for an additional 10% stake could increase its holding to 30%.
Closing remains subject to customary conditions, including approval from Brazil's antitrust regulator, CADE.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartfit Escola de Ginástica e Dança SA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Smart Fit agrees to buy up to 20% stake in Buddha Spa for up to R$ 32 million

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