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Seara-Bunge deal gets deadline extension in Brazil

By Ana Paula Candil ( November 4, 2020, 21:03 GMT | Insight) -- The review of JBS subsidiary Seara's planned acquisition of Bunge's margarine and mayonnaise business in Brazil will be extended for an additional 90 days, the Tribunal of the national competition authority decided. The new deadline for the Administrative Council for Economic Defense, or CADE, to issue a ruling will be Feb. 11.The review of JBS subsidiary Seara's planned acquisition of Bunge's margarine and mayonnaise business in Brazil will be extended for an additional 90 days, the Tribunal of the national competition authority decided. ...

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