Mergers & Acquisitions Mergers & Acquisitions

Stone asks CADE Tribunal to reject rivals’ appeals of Linx buy, says they seek only to delay deal's closing

By Flavia Fortes
  • 15 Apr 2021 14:13
  • 11 May 2021 08:29
Stone has asked the Tribunal of the Brazilian competition authority to reject appeals from Cielo, Adyen and Banco Safra to review the payments-processing company’s proposed acquisition of software maker Linx, saying the rivals are only seeking to delay the closing of the deal.
“The appeals only repeat arguments presented to

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Flavia Fortes

Global Head of Mergers


Flavia writes about merger control, antitrust enforcement and litigation in the U.S. and Brazil. Before joining MLex, Flavia worked as an Antitrust Consultant in the Federal Trade Commission's Office of International Affairs and as a Research Fellow for the American Antitrust Institute. She has written on the intersection of antitrust law and intellectual property law in technology-driven and innovative markets.

Discover MLex

Stay on top of global regulatory developments

Latest News