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Petz-Cobasi merger approved with store divestments in Brazil

By Henrique Santiago ( December 10, 2025, 17:44 GMT | Insight) -- A majority of the Brazilian competition authority's Tribunal voted to grant the formation of a new unit between Petz and Cobasi in the pet care sector. The parties proposed a Concentration Control Agreement (ACC), which will include divestments of stores primarily located in the state of São Paulo.The merger between Petz and Cobasi, the two largest pet care companies in Brazil, was approved with remedies after 13 months of discussions. The country’s watchdog granted the emergence of a new unit valued at 7 billion reais ($1.3 billion), conditioned to store sales as part of a divestment plan....

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