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Assetmark Inc. increased its stake in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE: SBS) by 3.8% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 985,400 shares of the utilities provider's stock

Sabesp remains a buy, as its potential Copasa acquisition could be a game-changing catalyst, enhancing its investment thesis. SBS's privatization has driven significant efficiency gains, cost reductions, and a record-high EV/EBITDA multiple, reflecting strong management execution. Acquiring a 30% stake in Copasa would add nearly 10% to SBS's EBITDA, with further upside from operational synergies and a possible 27%…

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Analyst/Investor Day Transcript

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) today announced the restructuring of its Cypress Bend, Arkansas facility, resulting in the reduction of approximately 20% of salaried and hourly roles at the facility. The company plans to operate the facility at about half of its production capability. The company expects these actions to deliver $8 to $12 million of annualized cost savings,…

JPMorgan Chase and Co. boosted its position in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE: SBS) by 43.3% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 86,700 shares of the utilities provider's stock