BM&FBOVESPA and Cetip presented the press today with a proposal to merge the operations of the two companies, creating a world-class financial infrastructure company of great systemic importance, ready to compete in a global market that is ever more sophisticated and challenging, while increasing the security, solidity and efficiency of the Brazilian market. The agreement, to be submitted to shareholders’ meetings at both companies, still requires approval by the regulatory bodies the Central Bank of Brazil, the Securities and Exchange Commission of Brazil and Brazil’s Council for Economic Defense.
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