TITLE

Brazil eases injunction

AUTHOR(S)
Bains, Elizabeth; Gibson, Jane
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/7/2007, Vol. 2 Issue 65, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article states that the Brazilian anti-trust authorities have relaxed some conditions of the temporary injunction placed on the Ipiranga takeover by Petrobras, Braskem and Grupo Ultra. The competition body has accepted the consortium's Transaction Reversibility Agreement, which will see all assets preserved in their current form, and it has agreed that Braskem may now take over management of the business units it has acquired.
ACCESSION #
25401615

 

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