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Brazil: CADE unbothered by $204M IT buyout

 |  September 16, 2014

Brazil antitrust watchdog CADE has reportedly offered its unconditional approval for Chilean systems integrator Synapsis to be acquired by Brazilian IT services Tivit.

The merger, said to be worth about $204 million, was first announced earlier this month. Reports say the deal marks Tivit’s first buyout as it eyes markets outside Brazil.

Full content: Business News Americas

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