Mergers & Acquisitions Mergers & Acquisitions

Ouro Verde tells CADE that Localiza would increase dominant position with 'anticompetitive' Unidas acquisition

Car rental firm Ouro Verde has told the Brazilian competition authority's Tribunal that Localiza doesn't need to acquire Unidas to become more competitive, as it's already number one in the market and the "anticompetitive" merger will give Localiza an even further dominant position.
The deal was sent to the Tribunal

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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).

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