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Tag Archives Cade

Crops, Reuters

Brazilian antitrust agency approves Bayer-Monsanto tie-up

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Brasilia | Reuters — Brazilian antitrust agency Cade on Wednesday approved Bayer’s proposed takeover of U.S. seeds company Monsanto without requiring further asset sales beyond a global proposal announced last October. Cade’s commissioners voted 4-2 in favour of the tie-up under an agreement, negotiated between the companies and global antitrust agencies, that included the sale […] Read more
Crops, Reuters

Brazil pushes back decision on Bayer-Monsanto tie-up

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Sao Paulo | Reuters — Brazilian antitrust agency Cade on Wednesday extended its deadline to review Bayer’s proposed takeover of Monsanto by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year. A spokesman said Cade had approved the extension at a session on […] Read more
Crops, Machinery & Shop, Reuters

Regulator clears Brazil agribusiness’ takeover of railway

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Brasilia | Reuters — Brazil’s antitrust regulator Cade on Wednesday approved the takeover of the country’s main railway operator America Latina Logistica SA by Cosan Logistica SA, with restrictions to protect against unfair market advantages. The lead Cade investigator on the case, Gilvandro de Araujo, said restrictions on the merger would include guarantees of third-party […] Read more
Crops, Markets, Reuters

Brazil’s grain traders fear monopoly if rail merger allowed

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Sao Paulo | Reuters –– Brazil’s grain industry association, Abiove, said on Monday the takeover of the main railway operator America Latina Logistica (ALL) by Rumo, the logistic arm of the biggest sugar and ethanol producer Cosan, could create a monopoly and hurt competition. Cade, Brazil’s antitrust agency, is due to rule Wednesday on the […] Read more

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