Brazil antitrust body CADE postpones final decision on Marfrig-BRF deal
ReutersAug 11, 2025 3:32 PM
SAO PAULO, Aug 11 (Reuters) - The president of Brazilian antitrust authority CADE has submitted his recommendation to prolong the review of Marfrig's MRFG3.SA proposed takeover of BRF BRF3.SA to a panel of commissioners, according to an electronically signed document posted on CADE's website on Monday.
The majority of CADE commissioners disagreed with Gustavo de Lima's recommendation to prolong the review of the deal, according to four votes cast on a virtual session. Lima then decided to re-submit his recommendation to commissioners at a yet-to-be-scheduled in-person session.
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