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Brazil regulator rejects BR Malls motion for clarification, extends asset sale deadline

By Flavia Fortes ( October 9, 2013, 20:20 GMT | Insight) -- Brazil's competition authority has rejected a motion for clarification from BR Malls with regards to the regulator's decision requiring the company to sell assets to obtain approval for its Brookfield deal. The agency said there was no omission or obscurity in its decision. It did, however, extend the deadline for the sale of assets.Brazil's competition authority has rejected a motion for clarification from BR Malls with regards to the regulator's decision requiring the company to sell assets to obtain approval for its deal with Brookfield....

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