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CADE publishes details of conditions required for the approval of Multi Brasil-CPM deal

( February 13, 2014, 11:40 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority has published details of the conditions required for the approval of a deal between CPM Distribuidora e Editora and Multi Brasil Franqueadora e Participações, part of English-language training company Grupo Multi. The deal involved two contracts for the acquisition of Editora Microlins Brasil through the purchase of thirty percent of their shares owned by education company Anhanguera and the remaining seventy percent detained by a shareholder. The Performance Commitment Agreement is applicable only to the relevant national market and is valid for twenty four months from the date of its publication in the Brazilian Official Journal.Read the statement below in Portuguese:...

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