Americas

Brazil approves United's $100 million investment in Azul

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Brazil approves United's $100 million investment in Azul

Brazil's antitrust authority, the Administrative Council for Economic Defense (CADE) has approved United Airline's $100 million investment in Azul Linhas Aereas — a key step in the latter's Chapter 11 restructuring process. United will be allowed to increase its economic interest in Azul from 2.0...

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