The Ready Door Sao Luiz (RDOR3) informed last Monday evening (30) that its board of directors met and decided not to launch a voluntary public offering of the company (OPA) with a view to acquiring up to all shares issued by Centro de Diagnostics Image, Alliar (AALR3).
As a result, at 10:28 AM (Brazilian time), the assets of AALR3 were down by as much as 10.10% at R$13.71.
Rede D’Or justifies the withdrawal in light of the events that led to the “reasonable impossibility of a bid offer” for Alliar’s control and for the alteration of other OPA buildings.
They are: “(A) the implementation by the shareholders of Aliar, on August 20, 2021, of the shareholder agreement to link the shares
It represents approximately 50.46% of its share capital, through which the signatories pledged, among other things, not to sell the shares issued by Aliar for a period of 180 days; and (b) the reduction in the distribution of shares issued by Alliar due to recent acquisitions by certain shareholders,” according to a company filing.
Businessman Nelson Tanor reached a 26% stake in Alliar after acquiring Pátria’s stake in the company.
The company informed that it had notified the decision not to launch OPA to the Brazilian Securities Commission and to B3 SA – Brasil, Bolsa, Balcão.
According to XP, although the acquisition will be positive for Rede D’Or, given that Alliar should be the shortest path for the company to establish itself in the lab sector nationally, the end of this buying move does not change the positive outlook from the in-house analyst for the company or its origins. They noted, “We reiterate our buy recommendation with a target price of R$88 per share of RDOR3 stock.”
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