CADE allows SAS to exercise some corporate control over the business affairs of Log-In until the case is adjudicated* The authorization ensures the reversibility of the transaction and the competitive conditions of the affected markets On 15 December 2021, the Administrative Council for Economic Defense (CADE) authorised the firm SAS Shipping Agencies Services Sàrl (SAS) to exercise some corporate control over the business affairs of the firm Log-In Logística Intermodal (Log-In). The Tribunal of CADE issued this decision whilst the case is under analysis at the Office of the Superintendent General. Only afterwards it will be reviewed
The Brazilian Competition Authority allows a European shipping company to exercise some corporate control over a national logistics company while the Authority considers its proposed acquisition (SAS Shipping Agencies Services / Log-In Logística Intermodal)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.