State of São Paulo Files 13D for SABESP
Ticker: SBS · Form: SC 13D · Filed: Aug 5, 2024 · CIK: 1170858
| Field | Detail |
|---|---|
| Company | Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp (SBS) |
| Form Type | SC 13D |
| Filed Date | Aug 5, 2024 |
| Risk Level | medium |
| Pages | 9 |
| Reading Time | 11 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, state-entity, regulatory-filing
Related Tickers: SBSP3.SA
TL;DR
**SABESP Alert:** State of São Paulo just filed a 13D. Big moves coming?
AI Summary
On July 18, 2024, the State of São Paulo, through Rafael Antonio Cren Benini, filed a Schedule 13D regarding its ownership of Companhia de Saneamento Básico do Estado de São Paulo-SABESP. The filing indicates a change in beneficial ownership, though specific share counts and dollar amounts are not detailed in this excerpt.
Why It Matters
This filing signals a potential shift in control or strategy for SABESP, a major Brazilian water and sanitation company, which could impact its operations and investors.
Risk Assessment
Risk Level: medium — Schedule 13D filings by significant state entities can precede major corporate actions or policy changes, introducing uncertainty.
Key Players & Entities
- Companhia de Saneamento Básico do Estado de São Paulo-SABESP (company) — Subject company
- State of São Paulo (company) — Filing person
- Rafael Antonio Cren Benini (person) — Authorized representative for the State of São Paulo
- Jonathan Zonis (person) — Legal counsel
- Clifford Chance US LLP (company) — Law firm representing the filer
FAQ
What specific event triggered this Schedule 13D filing on July 18, 2024?
The filing indicates a change in beneficial ownership, but the specific event is not detailed in the provided excerpt.
What is the CUSIP number for SABESP's common shares?
The CUSIP number is listed as N/A in this filing excerpt.
Who is authorized to receive notices and communications for this filing?
Rafael Antonio Cren Benini, with a copy to Jonathan Zonis of Clifford Chance US LLP.
What is the business address of Companhia de Saneamento Básico do Estado de São Paulo-SABESP?
RUA COSTA CARVALHO, 300, SAO PAULO, SP, ZIP: 05429-900.
What is the SIC code for SABESP?
The Standard Industrial Classification (SIC) code is 4941 for Water Supply.
Filing Stats: 2,665 words · 11 min read · ~9 pages · Grade level 15.9 · Accepted 2024-08-05 17:12:57
Filing Documents
- esp20240805_sc13d.htm (SC 13D) — 76KB
- ex99-1.htm (EX-99.1) — 2KB
- 0001292814-24-002966.txt ( ) — 79KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: August 2, 2024 By: /s/ Rafael Antonio Cren Benini Name : Rafael Antonio Cren Benini Title : Secretary of Investment Partnerships