Portuguese Competition Authority Approves Merger of Promosea, Ibedomar, and Oxy Capital
The Portuguese competition authority has cleared the merger involving Promosea, Ibedomar, and Oxy Capital, determining it will not hinder competition in the market.
17.09.2025 | Portuguese competition authority
On September 17, 2025, the Board of Directors of the Portuguese competition authority, known as AdC, made a significant decision regarding the concentration operation 69/2025 involving Promosea, Ibedomar, and Oxy Capital.
The authority 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 was made under the provisions of the Competition Law, specifically referencing article 50, which allows for such approvals when competition is not adversely affected.