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CADE approves Lan/Tam merger
15 December 2011
The two airlines expect the merger to be completed by the first quarter of 2012.
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Council for Economic Defence (CADE)
Lan Airlines
Tam Linhas Aereas
Fiscalia Nacional Economica
Enrique Cueto
Brazil
Chile
Brazil's Council for Economic Defence (CADE) has today unanimously approved the merger between Chile's Lan Airlines and Brazil's Tam Linhas Aereas. However, the Brazilian antitrust authority has imposed two conditions for the airlines to fulfil before they can merge.
In order...
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