Rodopa should sell assets according to CADE's decision
Rodopa deverá vender ativos segundo determinação do CADE
Intel ID : 218502
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On Wednesday 20 August, competition authority Conselho Administrativo de Defesa Econômica – Cade approved with restrictions JBS rental agreement of three cow slaughter houses held by Rodopa Indústria e Comércio de Alimentos Ltda. To avoid competition, the approval was conditioned to a series of commitments in signed agreement Acordo em Controle de Concentrações – ACC. Rodopa will have to sell one of its brands and turn two of its inactive slaughter houses operational, either through sale to third parties that will turn them operational, or by reactivating them.
(content in portuguese)
O Conselho Administrativo de Defesa Econômica – Cade aprovou nesta quarta-feira (20), com restrições, o arrendamento pela JBS de três unidades de abate de bovinos da Rodopa Indústria e Comércio de Alimentos Ltda. Para afastar as preocupações concorrenciais, a aprovação da operação foi condicionada a uma série de compromissos firmados por meio de Acordo em Controle de Concentrações – ACC. Entre as obrigações, a Rodopa terá de alienar uma de suas marcas e colocar em funcionamento duas unidades de abate de bovinos atualmente inativas, seja por meio de venda a terceiros que as coloquem em funcionamento, seja reativando-as. |
| Intel ID | 218502 | |
| Value | ND | |
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Brazilian Real (BRL)
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Financial Data - Rodopa
(31 Dec 2011) |
Revenue: EUR 355,98m Exchange Rate:
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Seller
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10.01.01 BPO/Outsource Services 10 Business Services / 10.01 Business & Professional Support Services |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.