A BlackRockone of the largest asset managers in the world, with US$9 trillion under management, reduced its shareholding in Assai (ASAI3).
According to the statement sent to the market this Monday (23), the company's holdings were 131 million in common shares, corresponding to 9.8% of the company.
Furthermore, the statement states that the purpose of the equity interests is strictly
investment, not aiming to change the shareholding control or administrative structure of the company.
Analysts say that while the 2024 tax reforms will hurt earnings per share (EPS) and the outlook for interest rate cuts looks more gradual, they continue to see a combination of rates and deleveraging capable of nearly doubling EPS.