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Packfilm-Terphane deal should be blocked in Brazil, CADE investigators say

By Ana Paula Candil ( May 14, 2024, 21:45 GMT | Insight) -- PackFilm and Film Trading's planned acquisition of Terphane should be blocked in Brazil, national antitrust investigators said in an opinion, citing concerns over dominance in the market for thin biaxially oriented polyethylene terephthalate films. The deal will be referred to the Tribunal of the Administrative Council or Economic Defense, or CADE, for a definitive ruling. PackFilm and Film Trading's planned acquisition of Terphane should be blocked in Brazil, national antitrust investigators said in an opinion, citing concerns over dominance in the market for thin biaxially oriented polyethylene terephthalate films....

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