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5.2

Brazil's Cade maintains Nutrella auction after Bimbo delay

Brazil's antitrust agency Cade approved the auction of Nutrella brand, scheduled for Friday, despite rejecting three bidders and raising concerns about a fourth. The decision maintains the divestment timeline agreed upon with Bimbo do Brasil for the Wickbold acquisition.

Valor Econômico1 day agoBRCredibility 45%View source

Score Breakdown

Mosaic Score5.2
Confidence0.5
Significance0.5
Source credibility0.5

Intelligence Tags

#brazil#antitrust#auction#trade

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