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Brazil's antitrust authority Cade approved WEG's acquisition of TGM, subject to behavioral commitments to prevent anti-competitive practices in the turbogenerator market. WEG is a leader in electric generators; TGM is a leader in steam turbines and turbo reducers.
“O Conselho Administrativo de Defesa Econômica (Cade) aprovou, nesta quarta-feira (28/02), a aquisição da TGM pela WEG.”gov.br
Summarized from public sources; check the original articles before acting on it.