{"id":4982,"date":"2024-10-11T10:36:38","date_gmt":"2024-10-11T13:36:38","guid":{"rendered":"https:\/\/artica.capital\/clairfield-pilulas\/o-que-sao-break-up-fees\/"},"modified":"2025-08-21T14:46:19","modified_gmt":"2025-08-21T17:46:19","slug":"o-que-sao-break-up-fees","status":"publish","type":"pilulas","link":"https:\/\/artica.capital\/en\/clairfield-pilulas\/o-que-sao-break-up-fees\/","title":{"rendered":"What are break-up fees?"},"content":{"rendered":"<p>Break-up fees are clauses inserted into M&amp;A agreements to protect the parties involved from the costs and effort incurred throughout the process. These penalties are applied when one of the parties withdraws from the transaction between signing and closing.<\/p>\n\n\n\n<p>The main objective of break-up fees is to mitigate risks related to the closing of the transaction, especially in cases involving approval by antitrust agencies, such as CADE, or when one of the parties refuses to close the transaction.<\/p>\n\n\n\n<p>Although their use is not widespread, these clauses have a relevant history in emblematic transactions in Brazil, which can be seen in today&#039;s pill.<\/p>\n\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"750\" src=\"\/wp-content\/uploads\/2025\/08\/o-que-sao-break-up-fees-01.webp\" alt=\"-\" class=\"wp-image-4981\" srcset=\"https:\/\/artica.capital\/wp-content\/uploads\/2025\/08\/o-que-sao-break-up-fees-01.webp 750w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/08\/o-que-sao-break-up-fees-01-300x300.webp 300w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/08\/o-que-sao-break-up-fees-01-150x150.webp 150w, https:\/\/artica.capital\/wp-content\/uploads\/2025\/08\/o-que-sao-break-up-fees-01-12x12.webp 12w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/figure>","protected":false},"excerpt":{"rendered":"<p>Break-up fees are clauses inserted into M&amp;A agreements to protect the parties involved from the costs and effort incurred throughout the process. These penalties are applied when one of the parties withdraws from the transaction between signing and closing.<\/p>","protected":false},"author":1,"featured_media":4980,"template":"","meta":[],"class_list":["post-4982","pilulas","type-pilulas","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/pilulas\/4982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/pilulas"}],"about":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/types\/pilulas"}],"author":[{"embeddable":true,"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/media\/4980"}],"wp:attachment":[{"href":"https:\/\/artica.capital\/en\/wp-json\/wp\/v2\/media?parent=4982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}