Mergers & Acquisitions Mergers & Acquisitions

Sony Music-Som Livre deal gets 90-day deadline extension in Brazil

By Ana Paula Candil
  • 26 Jan 2022 10:13
  • 26 Jan 2022 10:13
A review of Sony Music's planned purchase of broadcaster Globo's record company Som Livre in Brazil will be extended for an additional 90 days, the national competition authority's Tribunal decided.

The new deadline for the Tribunal of the Administrative Council for Economic Defense, or CADE, to issue a ruling is April 29.

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