Itaúsa, the holding company controlling Itaú, faced a R$ 700 million negative impact on net equity from Aegea Saneamento's accounting review. Aegea, Brazil's leading private sanitation firm, revised figures from 2020 to 2024, wiping out R$ 5 billion from its net equity and cutting 2024 profit. The company's IPO was postponed to 2027.

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