# Brazilian authority approves combination of RHI and Magnesita

The Brazilian antitrust authority CADE approved the planned combination of RHI Group with Magnesita Refratários S.A., a key milestone for the merger.

- Type: Acquisition
- Announced: 2017-07-12
- Where: Brazil
- Status: announced
- Products: refractories
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [RHI](https://endata.com/companies/25487.md)
- [RHI](https://endata.com/companies/25487.md) (acquirer)
- [Magnesita Refratários S.A.](https://endata.com/companies/25544.md) (target)
- [Magnesita](https://endata.com/companies/26128.md) (target)

## Sources

- [ir.rhimagnesita.com](https://ir.rhimagnesita.com/brazilian-antitrust-authority-approves-combination-of-rhi-and-magnesita/), 2017-07-12: "The Brazilian antitrust authority CADE granted its approval regarding the planned combination of the RHI Group with the Brazilian Magnesita Refratários S.A. on July 11, 2017."
- [worldcement.com](https://www.worldcement.com/europe-cis/08082017/rhi-shareholders-approve-magnesita-deal/), 2017-08-08: "With this clear vote, we have been given a clear mandate for the combination of the two companies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.