
Brazil’s Cade Set to Approve Merger of Largest Pet Retailers Petz and Cobasi as Integration Begins
Brazil's antitrust authority Cade is expected to approve the merger between Petz and Cobasi, the country's two largest retailers in the pet products and services market, without imposing any restrictions. The companies are already working on integrating their businesses following the anticipated approval. Petz, led by CEO Sergio Zimerman, has attracted investor interest, with Ágora Investimentos initiating a short-term buy trade on Petz's ordinary shares (PETZ3) to capitalize on expected gains. The merger has raised concerns in the market due to the combined dominance of Petz and Cobasi in Brazil's pet shop sector, but regulatory approval appears imminent.
Sources
- Metrópoles
➡️ Dada como certa, fusão das gigantes Petz e Cobasi assusta mercado Petz e Cobasi já são as maiores redes de pet shops do Brasil. Mesmo assim, previsão é de que fusão seja aprovada sem "remédios" pelo Cade Leia na coluna Dinheiro & Negócio$, de @gabifurquim: https://t.co/xIcpxcvUwW
- Ágora Investimentos
Os analistas gráficos da Ágora Investimentos abriram um swing trade de compra para as ações ordinárias (ON) da Petz (PETZ3), visando lucrar com o movimento de alta no curto prazo. A operação possui validade apenas para o pregão de hoje, quinta-feira (22). https://t.co/AjcegKmgGq
- CNN Economia
Amazon e Mercado Livre avançam no "balcão" da RD Saúde; assista #FatoRelevante https://t.co/TUapJZEfAl
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