From Dealroom · · 40s
Brazil's Cade Clears Panco to Buy Nutrella Bread Brand
Brazil's antitrust regulator approves Panco's $937K purchase of Nutrella bread brand.
In brief
Brazil's antitrust regulator approves Panco's $937K purchase of Nutrella bread brand. Brazil's antitrust regulator cleared Panco to buy Nutrella bread brand for $937K. Originally reported by Dealroom.
Cade approves Panco's Nutrella purchase
Brazil's antitrust regulator cleared Panco to buy Nutrella bread brand for $937K.
Bimbo divestment deadline missed
Bimbo missed its divestment deadline for Nutrella, triggering Cade's auction of the brand.
Auction results and next steps
Cade approved Panco's $937K bid after a two-stage auction, with the brand transfer set to complete within 15 days.
The key point
Brazil's antitrust regulator cleared Panco to buy Nutrella bread brand for $937K.
