Mergers & Acquisitions Mergers & Acquisitions

IBM-Software AG deal approval suspended in Brazil following request by CADE councilor for further review

By Flavia Fortes
  • 21 Jun 2024 19:18
  • 21 Jun 2024 19:18
The Brazilian approval of IBM's proposed acquisition of StreamSets and webMethods from Silver Lake’s Software AG has been suspended following a request from a councilor of the Brazilian competition authority to review the deal again, MLex has learned.
The deal was cleared by the investigatory unit of the Administrative Council

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Flavia Fortes

Global Head of Mergers

Flavia writes about merger control, antitrust enforcement and litigation in the U.S. and Brazil. Before joining MLex, Flavia worked as an Antitrust Consultant in the Federal Trade Commission's Office of International Affairs and as a Research Fellow for the American Antitrust Institute. She has written on the intersection of antitrust law and intellectual property law in technology-driven and innovative markets.

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