Wall Street Journal | January 27, 2011 | Paulo Winterstein
SAO PAULO (Dow Jones)–Brazilian telecommunications regulator Anatel on Thursday recommended approval of Vivendi SA’s (VIV.FR) takeover of GVT Holding, which still has to be cleared by antitrust regulators.
Anatel had previously cleared the way for the purchase of GVT, approving a takeover of the company by Vivendi or rival Telefonica SA (TEF), which at the time was making a bid for the Brazilian operator of broadband and fixed-line telephone networks.
The analysis of the purchase by Vivendi now goes to Cade…….
