XTRA:SPGMedia
How Investors Are Reacting To Springer Nature KGaA (XTRA:SPG) CAPES Open Access Deal In Brazil
On 5 December 2025, Springer Nature and Brazil’s federal agency CAPES announced a three-year Transformative Agreement starting in 2026, enabling researchers at more than 400 institutions to publish an average of 6,000 Open Access articles a year in Springer hybrid journals.
This significantly expands a prior pilot covering only part of Brazil’s output and underscores the country’s outsized role in Latin American research and Open Access adoption.
Next, we will consider how this large-scale...