Mergers & Acquisitions Mergers & Acquisitions

WarnerMedia-Discovery deal receives unconditional antitrust clearance in Brazil

By Flavia Fortes
  • 07 Feb 2022 14:04
  • 07 Feb 2022 14:04
US telecom giant AT&T’s $43-billion plan to merge its WarnerMedia unit with Discovery has received unconditional antitrust approval in Brazil, according to an update by the Administrative Council for Economic Defense, or CADE.

The agency’s investigatory unit, the Superintendence, gave the green light for the deal, but the parties still need to wait

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