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Brazilian regulator clears power, thermal energy deal

( December 23, 2014, 13:57 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority has unconditionally cleared MDCPAR’s purchase of ERB — Energias Renováveis do Brasil. ERB, through its subsidiaries ERB Aratinga, ERB Industrial do Norte da Bahia, ERB SP Energia, ERB Alagoas Energia, and ERB MG Energias, is involved in biomass energy production. The company is held by Grupos Rioforte, FI-FGTS, Caixa Ambiental, and BNDES. For MDCPAR, a gas and energy holding firm, the deal represents a strong opportunity to expand beyond its current scope.Read the OJ statement below (in Portuguese):...

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