Americanas Recovery Exit Filed After Record Fraud

2026-03-26 - 09:30

Key Points — Americanas filed to exit judicial recovery after fulfilling all obligations due within two years of its approved restructuring plan — The retailer entered recovery in January 2023 after disclosing a R$25 billion ($4.5 billion) accounting fraud, the largest in Brazilian corporate history — Americanas also completed the sale of its Uni.Co brand