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CADE Tribunal approves extension to Brazilian B3–CRDC merger review period

( June 24, 2026, 21:33 GMT | Official Statement) -- MLex Summary: The Brazilian antitrust authority's Tribunal has approved the extension of the review period for the proposed acquisition by B3 of shares in the CRDC. The decision endorses Councilor José Levi Mello do Amaral Junior's proposal to extend the 240-day deadline by 90 days, citing the complexity of the transaction and the need for further analysis of its competitive effects. The authority's Superintendence recommended blocking the deal, which was notified in November 2025 and involves not only a share purchase from the Commercial Association of São Paulo (ACSP) but also a broader commercial partnership between the three companies.See attached files....

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