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Atacadão-Grupo BIG deal cleared with structural, behavioral conditions in Brazil

By Ana Paula Candil ( May 25, 2022, 16:44 GMT | Insight) -- Warehouse store company Atacadão's planned buyout of Grupo BIG Brasil has been cleared by the Brazilian competition authority with structural and behavioral conditions in the market for self-service retail units. Structural remedies imposed by the Tribunal of the Administrative Council for Economic Defense, or CADE, involve the sale of certain self-service retail units from Grupo Big, in line with recommendations from the agency Superintendence. Warehouse store company Atacadão's planned buyout of Grupo BIG Brasil has been cleared by the Brazilian competition authority with structural and behavioral conditions in the market for self-service retail units....

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