Cade Approves Claro’s Purchase of Broadband Provider Desktop
Key Facts — What happened. Brazil’s antitrust regulator, Cade, cleared Claro’s purchase of broadband provider Desktop without conditions. — How big. Claro is paying about R$4 billion (US$778 million) for a 73% stake in Desktop. — The catch. This is a separate deal from Desktop’s own earlier purchase of a smaller provider, Fasternet; here Desktop […] The post Cade Approves Claro’s Purchase of…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.