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03 Jan
09:27

Brazil`s regulator approves CSP acquisition of Vale Pecém

Brazil’s national trade defence agency Cade has approved the acquisition by Companhia Siderúrgica do Pecem (CSP) of Vale`s operation at the Pecém industrial and port complex area, Kallanish notes. CSP is a subsidiary of Brazilian miner Vale and South Korea's Dongkuk and Posco. Cade has given the green light for the merger without conditions. The Brazilian watchdog concluded that the operation does not alter the competitiveness in …
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