Mergers & Acquisitions Mergers & Acquisitions

Netshoes appeal of Centauro-Nike deal approval accepted by CADE Tribunal

By Caio Rinaldi
  • 09 Sep 2020 10:43
  • 09 Sep 2020 10:43
Brazilian sports online retailer Netshoes' appeal of the approval of sports retailer Centauro's acquisition Nike’s operations in Brazil has been accepted by the country's competition authority. The Tribunal of the Administrative Council for Economic Defense, or CADE, granted the request in a session today and will now further investigate the transaction.

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