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BW&P, Weldmatic seek CADE approval for automotive deal

( November 24, 2014, 17:07 GMT | Official Statement) -- MLex Summary: Brazil’s antitrust watchdog was notified on Nov. 20 about BW&P Sistemas de Solda e Pintura's plans to acquire Weldmatic Automotive. BW&P, which is held by MMC Automotores do Brasil and SVB Automotores do Brasil, provides a range of motor vehicle services. The deal will enable MMC and SVB to incorporate Weldmatic's services, such as chassis fabrication, welding techniques, and specific assemblies technologies.Read the OJ statement below (in Portuguese):...

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