Petrobras appeal against OceanPact-CBO merger rejected by Brazil CADE councilor
By Maria Júlia Baumert ( August 26, 2026, 17:23 GMT | Insight) -- Brazilian competition authority Councilor José Levi Mello do Amaral Júnior has rejected Petrobras’ appeal against the unconditional approval of the merger between maritime services companies OceanPact and CBO, in a decision that remains subject to confirmation by the agency’s Tribunal. Levi found that Petrobras had not provided evidence demonstrating potential harm to competition.Brazilian competition authority Councilor José Levi Mello do Amaral Júnior has rejected Petrobras’ appeal against the unconditional approval of the merger between maritime services companies OceanPact and CBO, in a decision that remains subject to confirmation by the agency’s Tribunal. ...
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