ARTICLE 25 – The direct or indirect disposition of the Company‘s shareholding, either by means of a single operation or by means of successive operations, shall be contracted under the condition that the shareholding acquiror undertakes to make the tender offer which object is the shares issued by the Company held by other shareholders, in compliance with the conditions and terms provided for in the law in force and Novo Mercado‘s Regulation, in order to assure them with equal treatment as that provided to the selling shareholder
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