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Ipiranga-Alesat fuel deal blocked in Brazil

By Ana Paula Candil and Rodrigo Russo ( August 2, 2017, 19:20 GMT | Insight) -- The Tribunal of the Brazilian competition authority today unanimously blocked Ipiranga Produtos de Petróleo's acquisition of fuel distributor Alesat Combustíveis, rejecting the companies' proposal for a settlement.The Tribunal of the Brazilian competition authority today unanimously voted to block Ipiranga Produtos de Petróleo's acquisition of fuel distributor Alesat Combustíveis, rejecting the companies' proposal for a settlement. ...

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