Mergers & Acquisitions Mergers & Acquisitions

CADE queries 32 drugstore firms for Pague Menos-Extrafarma competition review in Brazil

By Caio Rinaldi
  • 04 Feb 2022 14:12
  • 04 Feb 2022 14:12
Brazilian drugstore chain Pague Menos' acquisition of Ultrapar’s Extrafarma has drawn additional queries by the Brazilian competition authority, as it analyzes whether the deal’s expected horizontal market overlaps in 35 cities with fewer than 200,000 residents and 75 neighborhoods in larger cities.

In total, 32 market participants received the questionnaires sent by the

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