Brazil’s Gol Airline Goes Private After Bankruptcy Exit

2026-02-20 - 10:53

Key Points — Gol Investment Brasil acquired 5.66 billion preferred shares in a tender offer auction Thursday, representing 75% of the shares offered, for R$64.8 million (~$11.5 million) — After settlement on February 23, the buyer will control 99.95% of the airline’s capital, and Gol’s preferred shares will be delisted from B3’s Level 2 corporate