Mergers & Acquisitions Mergers & Acquisitions

Soccer teams are private entities, must notify CADE of deals that meet revenue threshold, agency superintendent says

By Ana Paula Candil
  • 24 Aug 2022 22:59
  • 24 Aug 2022 22:59
Soccer teams are considered private entities by the Brazilian competition authority and should notify the agency if their deals meet the country’s merger threshold for revenue, said agency Superintendent Alexandre Barreto.
The Administrative Council for Economic Defense, or CADE, is investigating whether recent acquisitions of soccer teams by investors require

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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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