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Hapvida-Smile healthcare deal blocked in Brazil

By Paula Mariane ( May 10, 2023, 14:26 GMT | Insight) -- Healthcare plan operator Hapvida's planned buyout of rival Smile has been blocked by the Brazilian competition authority’s Tribunal. The majority of the Tribunal of the Administrative Council for Economic Defense, or CADE, followed the Superintendence’s recommendation to block the deal. The decision came during today’s ruling session.Healthcare plan operator Hapvida's planned buyout of rival Smile has been blocked by the Brazilian competition authority’s Tribunal....

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