The General Superintendence of the Administrative Council for Economic Defense (Cade) decided to approve, without restrictions, of the agreement between the Bank of Brasilia (BRB) and Banco Master, according to the act of concentration published on the website of the regulatory body on Tuesday (17).
Cade approval becomes definitive after 15 days if there is no manifestation by the Cade Court or funds by interested third parties.
*With information from Reuters.
