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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.

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    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.

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