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Joint venture between Viação Águia Branca, JCA Holding declared 'complex' by Brazil's CADE

By Paula Mariane ( June 6, 2023, 22:03 GMT | Insight) -- A planned joint venture between Viação Águia Branca and JCA Holding Transportes, Logística e Mobilidade in the ground passenger transport market has been declared “complex” by the Brazilian competition authority. The planned JV consists of a digital platform called Busco, which aims to create intelligent routes and connections between highways and consumers. The Administrative Council for Economic Defense will require an in-depth analysis of the deal. A planned joint venture between Viação Águia Branca and JCA Holding Transportes, Logística e Mobilidade in the ground passenger transport market has been declared “complex” by the Brazilian competition authority. ...

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