Mergers & Acquisitions Mergers & Acquisitions

Honda-Hitachi deal gets approval without conditions in Brazil

By Caio Rinaldi
  • 11 Aug 2020 12:57
  • 11 Aug 2020 13:10
Japanese automaker Honda and conglomerate Hitachi have received approval without conditions from the Brazilian competition authority for their proposal to create an integrated auto-parts company. Approval for the transaction, which would combine three Honda affiliates and a Hitachi subsidiary, came after nearly three months of review.

The Administrative Council for Economic Defense, or CADE,

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