Brazil’s Americanas exits bankruptcy proceedings

Globo

Revista Oeste

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Gazeta Do Povo

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Lean Right

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The Americana announced on Monday (19) that the Justice of Rio de Janeiro decreed the closure of its judicial recovery and of the recoveries of its subsidiaries, formally ending the process of corporate restructuring of the country's recent history. According to the relevant fact disclosed by the retailer, the decision was made by the 4th Business Court of the Capital Region of Rio de Janeiro, which recognized the fulfilment of the obligations p…

ND Mais

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Company leaves the special regime after meeting legal requirements, records high in sales and sees shares rise almost 7% The post Almost 4 years after scandal of R$ 20 billion, Americans has judicial recovery closed apareceu primeiro em ND More

EBC

Poder360

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Poder360

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The Justice of Rio de Janeiro decreed, on Monday (19), the end of the judicial recovery of the American Group. The decision, of the 4th Business Court of the capital, considers that the group fulfilled the obligations of the judicial recovery plan. It is still possible to appeal the decision. The Americana started the process of judicial recovery in January 2023, after the disclosure of accounting irregularities of about R$ 20 billion in the com…

Tribuna PR - Paraná Online

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Rio Justice closed judicial recovery of American women after full compliance with the plan. Actions rose 6.99%. Read more in the Paraná Tribune.