July 3, 2017

The Tribunal considered that the remedies presented do not settle the competition concerns; the majority of the Council adopted the decision.

On the judgement session of 28 June 2017, the Tribunal of the Administrative Council for Economic Defense – CADE blocked, by majority, the merger regarding the acquisition of Estácio Participações S/A by Kroton Educacional S/A (Merger 08700.006185/2016-56).

The transaction would result in...

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