Camargo Corrêa obtains CADE approval for Cimpor control
As part of the conditions for CADE approval, Camargo Corrêa and Votorantim will swap assets
Brazil’s antitrust authority CADE has approved Brazilian cement maker Camargo Corrêa’s €3 billion (US$3.75 billion) bid to acquire control over Portuguese cement company Cimpor, following an in-depth review spanning over two years.
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