Brazil Antitrust Regulator Blocks Amil, Health Deals, Folha Says
Brazil’s antitrust regulator will put certain merger and acquisition deals in the health industry on hold because it’s concerned that purchases of hospitals, laboratories and smaller companies by health insurance firms are leading to too much market concentration, Folha de S.Paulo reported, without saying where it got the information.
The regulator, known as Cade, will block the merger of laboratory chain Diagnosticos da America SA (DASA3) and Amil Participacoes SA (AMIL3)’s MD1 Diagnosticos SA until it has completed a final analysis of the transaction, according to the newspaper. Similar steps are being undertaken in relation to Amil’s planned acquisition of Medial Saude SA, Folha said.
Amil didn’t comment when contacted by Folha, according to the newspaper.
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