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Altano-Matamata deal withdrawn following New Zealand regulatory pushback

( August 20, 2025, 03:54 GMT | Official Statement) -- MLex Summary: Altano New Zealand’s planned acquisition of the specialist horse-veterinary practice Matamata Veterinary Services has been abandoned, with the companies informing the country’s antitrust regulator that the deal had been withdrawn. The decision follows the New Zealand Commerce Commission’s publication of a statement of unresolved issues that highlighted concerns about a loss of competition in relevant markets. The regulators had warned that the two merger parties were each other’s closest competitor in the market for advanced equine vet services. Altano New Zealand is a subsidiary of Germany-based Altano International GmbH. The full statement follows: ...

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