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Caixa Ecômica Federal gains Brazilian clearance to purchase stake in Vale Presente

( September 24, 2014, 09:20 GMT | Official Statement) -- MLex Summary: Brazil’s antitrust authority CADE has approved plans by Caixa Econômica Federal or CEF to buy a 49 percent stake in Vale Presente. Vale Presente is a start-up company which sells pre-paid gift cards. CEF is a government-owned financial institution in Brazil....

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