China Merchants given go-ahead to buy TCP Participações

In Brazil, the competition authority Conselho Administrativo de Defesa Econômica (CADE) – the Administrative Council for Economic Defense – has given its unrestricted approval to the purchase by China Merchants Port Holdings (CMPH) of port operator TCP Participações. The announcement was made in the Official State News Publication.

TCP operates the container terminal concession in the Port of Paranaguá (pictured) Photo: Deyvid Aleksandr Raffo Setti (idealizador) e Eloy Olindo Setti (executor)/Wikimedia Commons/CC BY-SA 3.0

In Brazil, the competition authority Conselho Administrativo de Defesa Econômica (CADE) - the Administrative Council for Economic Defense - has given its unrestricted approval to the purchase by China Merchants Port Holdings (CMPH) of port operator TCP Participações. The announcement was made in the Official State News Publication.