Brazil's Cade OKs Casino's Pão de Açúcar takeover
SAO PAULO, July 4 |
SAO PAULO, July 4 (Reuters) - Brazil's antitrust regulator Cade approved unanimously on Wednesday the transfer of control of Brazil's largest retailer, Grupo Pão de Açúcar, to France's Casino Guichard Perrachon.
The Brasilia-based regulator also approved unanimously an accord between mining giant Vale and oil producer Petrobras, both the nation's largest companies, to explore for potash in the northeastern state of Sergipe.
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