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The Nexus
BUSINESSAug 1 · 08:11 UTCTHE RIO TIMESRafael Silva Santos

American Airlines Azul Stake Cleared by Brazil

Brazil's antitrust regulator CADE has approved American Airlines' $100 million equity investment for an approximately 8% minority stake in Azul, removing the final regulatory hurdle for the deal. The approval was announced in a post on The Rio Times.

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