Six fast-track deals, including sewage, cement and real estate, notified to Brazilian regulator
( December 22, 2015, 14:55 GMT | Official Statement) -- MLex Summary: Brazil’s competition authority has been notified of six deals under its fast-track process: Engineering company GS Inima Brazil intends to buy water company Samar from regional water and sewage company OAS Solucoes Ambientais; Real estate group Franco da Rocha Investimentos Imobiliários plans to buy rival Arraial do Cabo Empreendimentos Imobiliários from Cyrela Commercial Properties while real estate investment fund Fundo de Investimento Imobiliário Caixa Incorporação wants to increase its 19.9 percent stake in GT 13 Empreendimentos Imobiliários to 78.4 percent through the acquisition of stakes from One DI JV Empreendimentos e Participações and Tiberio Construções e Incorporações; The cement group Cortesia Serviços de Concretagem intends to acquire certain assets from Votorantim Cimentos; Grupo Pão de Açúcar´s CBD wants to sell stakes in five gas stations to Grupo Duque; and Itochu subsidiary I-Ambiental Consultoria e Assessoria em Saneamento plans an agreement with the water treatment arm of engineering group Queiroz Galvão via a debentures-for-shares transaction.OJ statements follow in Portuguese....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
Curated case files bringing together news, analysis and source documents in a single timeline