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Brazilian competition authority approves Compass-Gaspetro deal without remedies

( June 22, 2022, 21:27 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority’s Tribunal has approved without remedies Petrobras’ planned purchase of a 51 percent stake in gas distributor Gaspetro, according to a statement. The operation is the result of an obligation assumed by Petrobras with the authority in July 2019 as part of a settlement agreement that established a series of measures to promote competition in the natural gas market.CADE press release follows in Portuguese:...

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