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JBS gets CADE green light to acquire Big Frango

( January 14, 2015, 12:15 GMT | Official Statement) -- MLex Summary: Brazil’s antitrust watchdog has unconditionally approved JBS Foods’ plan to buy poultry company Big Frango and its associated operations. As part of the deal, JBS Foods will acquire AMSE02 Participações, a company created after former Big Frango stockholders implemented a debt and shareholder restructuring process. JBS Foods is a subsidiary of food-processing giant JBS.OJ statement below (in Portuguese):...

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