CADE clears dairy deal amid ongoing legal battle

Brazil’s competition watchdog CADE has given the green light to French dairy company Lactalis’ purchase of Brazilian counterpart Itambé, which it purchased from milk producer Cooperativa Central dos Produtores Rurais de Minas Gerais (CCPR) with the help of BMA - Barbosa, Müssnich, Aragão shortly after CCPR took back control of Itambé.

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