Brazil Regulator Approves Reserva Acquisition by Arezzo

Brazil antitrust regulator Cade’s superintendence approved the agreement without restrictions, according to official gazette and Cade’s website.

• Operation consists of acquisition and incorporation of total share capital of VQV, the parent company of Tiferet and Grupo Reserva: Cade
• NOTE from Oct. 23: Arezzo Confirms Agreement to Buy Reserva for BRL715m
• NOTE: Decisions made by Cade’s superintendence can be reassessed on court’s floor if board members consider that a deeper analysis of the impacts of an operation is needed

Original Story:
Cade aprova compra da Reserva pela Arezzo

To contact the translator on this story:
Danielle Chaves in Sao Paulo ...