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Official Journal: CADE approves Casino Gruichard Perrachon, Península Participações deal

( October 2, 2013, 09:43 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority has cleared Casino Group and Pão de Açúcar's chairman Abilio Diniz’s plan to swap shares. The companies are both shareholders of Wilkes Participações and Grupo Pão de Açúcar, the trading name of Companhia Brasileira de Distribuição, or CBD. Under the agreement, Casino's 19,375,000 million preferred shares in CBD will now be swapped for Abilio’s matching number of common shares issued by Wilkes.Read the statement below in Portuguese:...

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