Brazil’s Administrative Council of Economic Defense –CADE approved on 1 October 2014 changes in its internal regulations. The aim was to provide better guidance on Brazil’s merger control review. The outcome is the result of three Public Consultations issued last February. The changes came into effect on 7 October.
The main changes were made in Resolution No. 2/2012, which regulates the acquisition of corporate participations and defines transactions eligible to the fast-track procedure.
Full content: Mondaq
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