Orizon unit Vital lifts Ecourbis stake to 69.1% in corporate structure simplification push
Reuters2026/08/18 11:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Orizon closed a corporate structure simplification move via subsidiary Vital, lifting its Ecourbis stake to about 69.1% from 63.3%.
- Transaction bought an additional 5.85% for BRL 69.2 million, payable in installments, indexed to IPCA inflation.
- Ecourbis runs São Paulo’s municipal waste services concession through 2044 under a fixed monthly tariff of about BRL 130 million.
- Ecourbis posted 2025 net revenue of BRL 1.31 billion, EBITDA of BRL 542.7 million, net income of BRL 386.9 million.
- Concessionaire reported net cash of BRL 442.1 million, excluding a BRL 784.3 million receivable from São Paulo city hall.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orizon Valorizacao de Residuos SA published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.
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