The Portuguese Competition Authority prohibits an acquisition due to the risk of eliminating competition in the passenger transportation sector (Transdev / Grupo Fundão)

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Portuguese Competition Authority, Transdev / Grupo Fundão, Press release 14/2020, 6 October 2020

AdC prohibits the acquisition of Grupo Fundão by the Transdev Group due to risk of eliminating competition in passenger transportation in central Portugal* The AdC (Portuguese Competition Authority) issued a prohibition decision relative to the acquisition of Grupo Fundão as well as of the public transport service concessions currently held by Transerramar and Auto Transportes do Fundão, by the Transdev Group. The merger would have tended to

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