3-Feb-2011 12:50 PM

LAN asks Chilean antitrust tribunal to drop probe into planned merger

Chile’s LAN will reportedly asked the Chilean antitrust tribunal to drop a probe into a planned merger with Brazilian carrier TAM (Reuters, 2-Feb-2011). The Chilean tribunal’s probe puts a temporary hold on the merger plan and could delay or even block the bid. Meanwhile Brazil’s antitrust regulator, Cade, announced it may ask the companies for a buy-reversal plan.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More