BUZZ-Brazil takes closer look at Hypermarcas condom deal with RB

** Brazilian antitrust regulator Cade is taking a closer look at the proposed sale of Hypermarcas SA (Sao Paolo: R2:HYPE3S.SA - news) 's condom unit to Reckitt Benckiser Group PLC after labeling it a "complex" operation in Monday's official government gazette

** Cade will investigate production and selling costs along with possible efficiencies resulting from the sale

** Brazil's Hypermarcas agreed in January to sell its contraceptive division to the British group for 675 million reais ($192 million), with 20 percent paid on signing and the rest transferred when the deal has closed

** Shares (Berlin: DI6.BE - news) of Hypermarcas and Reckitt Benckiser (Xetra: A0M1W6 - news) both gained less than 1 percent in Monday trading

($1 = 3.51 Brazilian reais (Other OTC: UBGXF - news) )