Every Spin-Off
Azevedo & Travassos Energia
AZTE3 BZCompletedBRProduces small volumes of onshore oil in Brazil's Potiguar Basin (Rio Grande do Norte) and has agreed to buy two producing field clusters there from Brava Energia.
Azevedo & Travassos moved its oil and gas exploration and production business into Azevedo & Travassos Energia through a partial spin-off (cisão parcial), giving shareholders one AZTE share per AZEV share; AZTE3 has traded on B3 since 14 Feb 2025.
- Distribution date
- 14 Feb 2025
- Structure
- Spin-off
- Parent
- Azevedo & Travassos (AZEV4 BZ)
- Spin-off ticker
- AZTE3 BZ
- Listing
- B3
- Market
- Brazil
- Sector
- Energy
- Size
- micro
Source documents
- Press releaseSpin-off effective and B3 listing approved (02/25)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourceacionista.com.br (share issue and B3 admission)
Every Spin-Off research
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