Brazil's Hapvida shareholders approve adding 'poison pill' to bylaws
ReutersFeb 18, 2025 11:09 PM
SAO PAULO, Feb 18 (Reuters) - Shareholders of Brazilian healthcare operator Hapvida HAPV3.SA approved a change to the company's bylaws that will force any shareholder or group of shareholders with a stake larger than 20% to launch a tender offer for all remaining shares.
The mechanism, known as a "poison pill," was approved by a majority of Hapvida shareholders in a general meeting on Tuesday, according to the meeting minutes.
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