The finals were played on a home-and-away two-legged basis, with the higher-seeded team hosting the second leg.

[1] Alejandro Silva opened the scoring in the 23rd minute when he picked up a pass near the right wing and set off on a run towards goal before hitting a low left-footed strike from just outside the box giving the goalkeeper no chance.

[6] Wilson Pittoni got the second goal in the fourth minute of stoppage time when he curled a right footed free-kick past the goalkeeper who was hampered by his own defender in his way on the line.

[10] In the 85th minute Atlético Mineiro got their second when Leonardo Silva headed Bernard's cross into the top corner of the net.

There were no goals in extra time, and in the penalty shoot-out Olimpia's Herminio Miranda missed the first kick, and Matías Giménez shot against the bar in the fifth kick, to hand Atlético Mineiro the title to for the first time and a berth in the 2013 FIFA Club World Cup.