Helbor takeover offer sets October 28 auction for Helbor stock

Published on 10/16/2026 at 00:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The share-exchange bid values each Helbor share at BRL 2.52. Helbor stock had a BRL 345.0 million market value on October 15, 2026.

Offer terms and reporting dates

HBR proposed a BRL 2.52 share-exchange offer for Helbor on October 5, 2026.
Helbor reported BRL 212.67 million in second-quarter revenue and BRL 583,000 in net income for the period ended June 30, 2026.
Helbor had a BRL 345.0 million market value on October 15, 2026.

Helbor, BRHBORACNOR3, Illustration mit AI erstellt.

Helbor (BRHBORACNOR3) faces a control offer valued at BRL 2.52 per share, with the auction scheduled for October 28, 2026. The proposal was announced on October 5, 2026, and would combine control acquisition with the cancellation of Helbor's public listing, according to Helbor.

Three dates define the offer

On August 11, 2026, Helbor reported second-quarter revenue of BRL 212.67 million and net income of BRL 583,000 for the period ended June 30, 2026, according to OBM. On October 5, 2026, HBR launched the share-exchange offer at BRL 2.52 per Helbor share. On October 28, 2026, the auction is scheduled for 3:00 p.m. BRT on the B3 electronic trading system, as reported by Atlas Publico.

What does the offer mean for earnings?

The latest operating figures show why the transaction is more than a change in ownership. Second-quarter revenue fell from BRL 285.56 million in the same period of 2025 to BRL 212.67 million in 2026, a 25.52 percent decline. Net income also moved from BRL 1.65 million to BRL 583,000, while the net margin was 0.3 percent in the second quarter of 2026, according to OBM. The earnings profile leaves the offer terms and the shareholder approval threshold as the central issues for the auction.

Next date is October 28

The next substantiated corporate milestone is the October 28, 2026 auction at 3:00 p.m. BRT. The offer covers up to all ordinary shares not held in treasury and requires support from holders representing more than two-thirds of the shares held by shareholders eligible for the auction, according to Helbor.

Market value stays modest

Helbor's last available quoted price was BRL 2.60 on October 15, 2026 at 5:04 p.m. BRT on B3. Its market value was BRL 345.0 million on that date, while the 52-week range stood at BRL 1.65 to BRL 4.29. That valuation puts the upcoming auction in a compact small-cap setting, where the BRL 2.52 offer terms and the approval threshold carry more weight than broad sector comparisons.