CADE orders full-form review of Argenta acquisition of AmericanOil–Metta
( June 18, 2026, 14:11 GMT | Official Statement) -- MLex Summary: The Brazilian competition agency announced the proposed acquisition by Argenta Group of AmericanOil and Metta Diesel Transportes will undergo a full-form review. The Administrative Council for Economic Defense, or CADE, said the transaction does not qualify for a fast-track procedure due to the companies’ combined market share — estimated between 20 percent and 50 percent in overlapping segments — and an increase in concentration levels above thresholds.Official Journal publication is attached. ...
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