Overview

• Shareholders approved the voluntary cancellation at an assembly held on September 22.
• The company cites corporate simplification and greater focus on businesses where it has a competitive edge.
• Reag says the move comes after selling Reag Investimentos to Arandu and initiating an agreement for Ciabrasf with Planner/B100.
• The Federal Police searched Reag Capital’s headquarters during Operation Carbono Oculto, which references Reag Investimentos and Ciabrasf in a probe into alleged money laundering in the fuel sector.
• Reag states it is fully cooperating with authorities, while it also pursues a proposed sale of the credit manager Empírica to SRM.