On October 22, 2025, the Board of Directors of the Competition Authority, in exercise of the power conferred upon it by paragraph d) of No. 1 of article 19 of the Statutes, approved by Decree-Law No. 125/2014, of 18 August, resolves to adopt a decision of non-opposition to the concentration operation, under the terms of paragraph b) of No. 1 of article 50 of the Competition Law, since it is not likely to create significant obstacles to effective competition in the national market or in a substantial part thereof.

Portuguese Competition Authority Approves Merger Between IIP Amaxi and DIF 4*Fados II

On October 22, 2025, the Board of Directors of the Portuguese Competition Authority (AdC) made a significant decision regarding the merger between IIP Amaxi and DIF 4*Fados II.

 Utilizing its authority under the Competition Law, the AdC adopted a non-opposition decision, indicating that the merger is not expected to create significant obstacles to effective competition within the national market or in a substantial part of it.

 This decision reflects the AdC's commitment to maintaining competitive market conditions and ensuring that mergers do not adversely affect consumers or the competitive landscape.



Portuguese Competition Authority Approves Merger Between IIP Amaxi and DIF 4*Fados II

The Portuguese competition authority has cleared the merger between IIP Amaxi and DIF 4*Fados II, determining it will not hinder competition in the market.