TeleGeography | March 25, 2011
Brazil’s antitrust regulator Conselho Administrativo de Defesa Economica (Administrative Council for Economic Defense, or Cade) approved on Wednesday, without limitation, Vivendi’s acquisition of GVT Holding, controller of local telco Global Village Telecom (GVT). The French telecoms and entertainment group originally signed the USD7.2 billion takeover deal in November 2009.
In January this year the national telecoms regulator Anatel ratified Vivendi’s takeover of GVT, ‘without constraint’.
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