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Petz-Cobasi pet market deal to get full-form review by Brazil CADE

By Henrique Santiago ( February 6, 2025, 17:59 GMT | Insight) -- A proposed merger between Petz and Cobasi would create three horizontal overlaps and four vertical integrations, the parties informed the Brazilian Administrative Council for Economic Defense. Brazil's competition authority has until July 9 to rule on the deal, although the deadline can be extended by an additional 90 days. The Administrative Council for Economic Defense, or CADE, announced today that a proposed merger between Petz and Cobasi, the two largest pet product and service store chains in Brazil, will be subject to a full-form review....

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