February 7, 2018 / 2:34 PM / 4 months ago

Brazil's antitrust watchdog CADE approves Votorantim Siderurgia takeover by ArcelorMittal

BRASILIA, Feb 7 (Reuters) - Brazil’s antitrust watchdog CADE approved on Wednesday the takeover of Votorantim Siderurgia SA, but conditioned the approval to asset sales. In the morning session, four CADE councillors voted to approve the tie-up and two voted against it. (Reporting by Leonardo Goy; Writing by Tatiana Bautzer)

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