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7 results for “cade brazil”

Visa and Mastercard's Stablecoin Venture Wins Brazil Antitrust Nod
Brazil's antitrust regulator Cade has approved Open Standard LLC, a joint venture by Visa, Mastercard, Coinbase, Stripe, and Shopify to launch the Open USD stablecoin.

Constellation Software's Vela LatAm Buys Penso to Expand in Brazil
Vela LatAm has agreed to acquire Brazilian IT and cybersecurity provider Penso, marking its sixth acquisition in Brazil this year.

Top Senator Proposes Legislation Targeting 'Predatory Pricing' by Foreign Firms in Brazil
Senator Laércio Oliveira, a key figure on the Senate’s Economic Affairs Commission, is preparing legislation to block what he calls the 'harmful practice' of predatory pricing by foreign companies, specifically citing Chinese firms.

Brazil Retail Giant Assaí Acquires 18 Gas Stations to Leverage High Traffic Footprint
Brazilian cash-and-carry retailer Assaí is buying 18 gas stations located at its São Paulo stores for up to R$ 80 million, aiming to launch a new line of business.

Magalu Unit Challenges iFood Exclusivity at CADE, Seeking to Open Brazil’s Interior Delivery Market
Magazine Luiza’s aiqfome delivery arm filed a complaint with Brazil’s antitrust body, CADE, arguing a 2023 settlement failed to protect smaller cities from iFood's exclusivity agreements.

JBS and Viva Create Global Leather Giant JBS Viva with 20 Million Hides Capacity
Brazil's JBS Couros and Viva Holding have formed a 50/50 joint venture, JBS Viva, to create the world's largest leather processing company to boost global competitiveness.
Meatpacker Barons J&F Acquire Strategic Brazilian Defense Manufacturer Avibras
Joesley and Wesley Batista's conglomerate is buying Avibras, maker of the ASTROS rocket system, a key national defense asset.