Mergers & Acquisitions Mergers & Acquisitions

Localiza, Unidas offer divestiture of assets nationwide, behavioral commitments to gain Brazilian antitrust approval for their deal

Localiza and Unidas have offered to divest assets across Brazil and to take on commitments to lower barriers to entry for international players in the rental car market in order to receive antitrust approval for their deal in the country.

The competition authority’s investigatory unit has recommended the approval of the 12

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