Brazil · Business
Key Facts
—Board Recommendation Brava Energia’s board issued a favorable opinion on Ecopetrol’s tender offer on July 24, 2026, recommending shareholders accept.
—Advisory Nature The recommendation is non-binding; each shareholder must decide individually whether to tender shares.
—Revised Offer Filing Ecopetrol resubmitted its tender-offer document on July 20, 2026, after CVM’s regulatory review and approval.









