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Smart Fit agrees to buy up to 20% stake in Buddha Spa for up to R$ 32 million
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Smart Fit agrees to buy up to 20% stake in Buddha Spa for up to R$ 32 million
  • Smart Fit agreed on October 4, 2026, to acquire and subscribe for Buddha Spa shares, targeting a stake of up to 20%.
  • The investment could total up to R$ 32 million.
  • A purchase option for an additional 10% stake could increase its holding to 30%.
  • Closing remains subject to customary conditions, including approval from Brazil's antitrust regulator, CADE.


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. Smartfit Escola de Ginástica e Dança SA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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