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Automotive lubricant association deal doesn't need Brazilian antitrust approval

( March 23, 2018, 14:37 GMT | Official Statement) -- MLex Summary: Automotive lubricant association Instituto Jogue Limpo's planned deal with multiple lubricant suppliers doesn't need Brazilian antitrust approval, Brazil's antitrust agency said in a statement. The Administrative Council for Economic Defense, or CADE, said the deal, whose purpose is to broaden Instituto Jogue Limpo' scope of activities related to collection and return of solid waste in the sector, won't result in its associated companies' sharing of risks and results. Instituto Jogue Limpo is a non-profit association dedicated to the collection and return of solid waste, and many lubricant suppliers are associated with it.OJ statement and CADE decision follow below in Portuguese:...

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