Mergers & Acquisitions Mergers & Acquisitions

Extension of OI sale review requested by CADE Superintendence

The Brazilian competition authority's Superintendence has asked the agency's Tribunal to extend the review of the purchase of OI's mobile business by Telefônica Brasil, TIM and Claro for an additional 90 days because the investigatory unit needs more time to analyze a settlement agreement proposed by the parties.

Telefônica, Claro and TIM are

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