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CADE dismisses new attempt by Henkel to have Coty-Hypermarcas deal reviewed

By Flavia Fortes ( January 5, 2016, 18:07 GMT | Insight) -- The Brazilian competition authority has dismissed a new attempt by Henkel to have Coty’s acquisition of Hypermarcas' beauty unit reviewed. Henkel had argued that Coty’s separate acquisition of product brands from Procter & Gamble should be taken into account in the analysis, but the agency reaffirmed that the decision to clear the Coty-Hypermarcas deal doesn’t bind the agency in a future review of a deal between Coty and P&G.The Brazilian competition authority has dismissed a new attempt by Henkel to have Coty’s acquisition of Hypermarcas' beauty unit reviewed....

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