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CADE clears Icatu Seguros' insurance partnership with Banco do Estado do Rio Grande do Sul

( November 12, 2014, 14:13 GMT | Official Statement) -- MLex Summary: The Brazilian antitrust regulator, CADE, has approved a strategic partnership in the insurance sector between Icatu Seguros and Banco do Estado do Rio Grande do Sul (Banrisul). Both companies had notified CADE about the operation in October. Icatu Seguros is an insurance company that operates as a subsidiary of Grupo Icatu. Banco do Estado do Rio Grande do Sul operates primarily in the state of Rio Grande do Sul and is listed on the São Paulo stock exchange.  Read the statement below (in Portuguese):...

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