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Brazilian antitrust blocks sale of DPA to Lactalis

It seemed like a done deal: instead, Cade refers the purchase to the Court of Justice

The technical staff of Brazil's antitrust watchdog, Cade, or Administrative council for economic defense, has given the body its negative opinion on the sale of Dpa, Dairy partners america Brazil, from Nestlé and Fonterra to Lactalis. The transaction had been announced in december 2022 and seemed to be a done deal: Fonterra and Nestlé had announced that they had agreed to sell the joint venture Dairy p...

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EFA News - European Food Agency
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