Brazil Pushes Antitrust Fixes In $694M Mach-Syniverse Deal

Law360, New York (May 3, 2013, 6:33 PM EDT) -- Brazil's antitrust enforcer on Friday proposed requiring changes to Carlyle Group LP's Syniverse Technologies LLC's proposed €550 million ($693.5 million) acquisition of rival Mach SarL, marking the agency's second merger remedy deal under the country's new competition law.

The general superintendence of the Administrative Council for Economic Defense, or CADE, urged the agency's tribunal to sign off on the tie-up based on certain competition commitments the companies agreed to make to mitigate concerns that the deal would give Syniverse too much control over various roaming technology...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.