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Bosch’s plan to buy out BSH joint venture doesn’t need CADE approval

( November 20, 2014, 10:05 GMT | Official Statement) -- MLex Summary: The Brazilian antitrust authority, CADE, says it doesn’t need to analyze Robert Bosch’s plan to acquire Siemens’ 50 percent stake in the joint venture BSH Bosch und Siemens Hausgeräte, or BSH, for 3 billion euros. The agreement means BSH will be allowed to produce and market household appliances under the Siemens brand.Read the OJ statement below:...

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