Approved the acquisition of 30% of SuperBac by an investment fund

The acquisition of 30% of SuperBac's shares by the XP Private Equity II Fundo de Investimento em Participações Multiestratégia fund was approved. The reasons for the opinion of the Administrative Council for Economic Defense (Cade) which recommends the approval of the deal without restrictions were adopted by the general superintendent of the federal agency. The decision has not yet been published. Any interested parties may appeal. This rarely happens.

The reviewer understood that the purchase and sale consists of "merely replacing an economic agent", which would not require "a more in-depth analysis of the markets involved".

For this reason, he expressed his approval of the deal.

This business was published exclusively by Revista Cultivar on 5/6/2023: fund negotiates acquisition of 30% of SuperBac.