|Bid||49.20 x 0|
|Ask||53.82 x 0|
|Day's Range||48.91 - 49.88|
|52 Week Range||48.91 - 49.88|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brazil's BM&FBovespa SA, which last week won regulatory approval to take over a rival, will change its name once the combination of both exchange and clearinghouse companies is approved by shareholders, ...
BRASILIA/SAO PAULO, March 22 (Reuters) - Brazil's antitrust watchdog Cade on Wednesday approved financial bourse BM&FBovespa SA's takeover of rival clearinghouse Cetip SA Mercados Organizados, and will not require any antitrust measures beyond those the firms proposed themselves. Cristiane Alkmin, the case's rapporteur, had sought tougher restrictions beyond those the companies agreed to. Ultimately, the plenary of Cade voted 4-0 to approve the deal, with the self-imposed restrictions.
Brazilian stocks rose on Wednesday as shares of BM&FBovespa SA and Cetip SA gained after regulators approved a tie-up between the companies, while Mexico's peso gained. Bourse BM&FBovespa SA will create ...
BM&FBovespa SA's planned takeover of rival clearinghouse Cetip SA Mercados Organizados makes it tougher for rivals to enter Brazil's financial trading and clearing markets, and requires changes to gain ...