[ad_1]
© Reuters. Log debut on the stock market with a decline of 40%; MRV increases by more than 10%
Investing.com – Friday's session marks the launch of Log Commercial Properties shares on the São Paulo Stock Exchange after the split of MRV Engenharia (SA :), approved last week . On the first day, the shares were traded with a sharp 40.73% drop to R $ 17.00, while those of MRV jumped 10.81% to R $ 11.78.
Last week, the shareholders of MRV approved the partial demerger of the activities, with a separation of 32,045,013 shares issued by Log, representing 46.3% of the total capital of the logistics warehouse subsidiary.
According to the press release of December 12, the papers were sold directly to the shareholders of the company, in proportion to their respective holdings, and included in the Novo Mercado segment, the highest governance segment of B3, such as Approved by the Extraordinary Log Meeting of 16 November.
MRV announced the 29 plans for the partial demolition of the subsidiary of the logistics sheds.
In a meeting with investors and badysts on December 6, Felipe Enck, director of investor relations for Log, said the company's gross letter area (ABL) would be extended to $ 2 million. square meters by 2023.
Fusion Media or anyone involved in Fusion Media will not accept any liability for any resulting loss or damage. of confidence in the information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully aware of the risks and costs badociated with trading on the financial markets. This is one of the most risky forms of investing possible.
[ad_2]
Source link
