Mergers & Acquisitions Mergers & Acquisitions

No remedies needed in Nestlé-Garoto deal, CADE Superintendent Barreto says

By Ana Paula Candil and Paula Mariane
  • 01 Jun 2023 22:23
  • 01 Jun 2023 22:42
The Brazilian competition authority has found no competition issues in the chocolate industry merger between Nestlé and Garoto, so imposing remedies won't be necessary, said agency Superintendent Alexandre Barreto.
The deal was closed in 2002 and is undergoing a second review. It was recently sent to the Tribunal, which will

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

Paula Mariane

Correspondent, Latin America

Paula is a journalist and photographer from Brazil with more than 10 years of experience in covering social, political and international affairs. Before joining MLex, she worked at CNN Brasil and Al Jazeera as a writer and producer. TEDx speaker and author of the book “Bonds of Honor,” Paula is the first civilian to produce a long-term photographic series of the Brazilian Army.

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