Afya, YDUQS controlling shareholders sign voting pact backing merger transaction
Bitget2026/10/01 22:53- Afya is set to merge into YDUQS, leaving YDUQS as the surviving company and issuing new YDUQS common shares to Afya shareholders.
- Controlling shareholders of both groups signed a voting commitment agreement dated Sept. 23, 2026 to back the deal at required meetings.
- Afya shareholders’ exchange consideration will be newly issued YDUQS shares based on an exchange ratio set in the merger agreement.
- Shareholders accepted interim limits on share transfers and agreed to vote against actions that could derail the transaction before closing.
- Break fees were set at BRL 100 million for a breaching YDUQS shareholder, BRL 100 million for the Esteves family, and a scaled BRL 325 million for Bertelsmann.
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