Americanas and B2W have merged to create a new company

Americanas stated that the operation will take place in two different stages.

A spin-off of both companies gives B2W full control over the operation of the new brand, named Americana S.A

04/29/2021

Lojas Americanas announced on Wednesday (28) the merger with the digital retail company B2W. As a result, the two companies will create a new company, called Americana S.A. The proposal is yet to be voted on by the Boards of Directors of both companies on May 10.

In a relevant fact, Americanas stated that the operation will take place in two different stages. At first, all of Americanas' assets will be incorporated by B2W. With the spin-off, 100% of both companies' activities will be under B2W management, which will now be called Americans S.A. The new company will also be listed on B3's Novo Mercado.

Source: Exame

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