Mergers & Acquisitions Mergers & Acquisitions

Pague Menos-Extrafarma deal should be approved with conditions, Drogaria São Paulo tells CADE

By Caio Rinaldi
  • 09 Dec 2021 15:11
  • 09 Dec 2021 15:11
Brazilian drugstore group Drogaria São Paulo told the country’s competition authority that the acquisition of rival drugstore chain Extrafarma by Pague Menos should be approved with conditions because it could hinder competitors’ ability to expand in Brazil’s North and Northeast regions and prevent new players from entering the market.

The Administrative Council for

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