Mergers & Acquisitions Mergers & Acquisitions

Comment: Failed remedies spark reviews of years-old merger approvals in Brazil

By Flavia Fortes
  • 03 Apr 2020 13:54
  • 03 Apr 2020 13:54
Companies’ failure to comply with imposed remedies in merger reviews has led the Brazilian competition watchdog to review deal approvals, even on clearances from several years ago.

The Administrative Council for Economic Defense, or CADE, has no time limits for reviewing previously approved transactions where parties didn’t fulfill their commitments, and the

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