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Grupo Mateus says energy market activities secondary in Brazilian deal review

By Maria Júlia Baumert ( January 31, 2025, 18:21 GMT | Insight) -- Grupo Mateus and Novo Atacarejo said that their activities in the energy sector are secondary and do not raise competitive concerns in the context of their proposed business combination. In a response submitted to the Brazilian competition authority's superintendence, the companies provided market share estimates for their self-service retail operations, addressing concerns about vertical integration.Grupo Mateus and Novo Atacarejo said that their activities in the energy sector are secondary and do not raise competitive concerns in the context of their proposed business combination. In a response submitted to the Brazilian competition authority's superintendence, the companies provided market share estimates for their self-service retail operations, addressing concerns about vertical integration....

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