Mergers & Acquisitions Mergers & Acquisitions

Pague Menos, Extrafarma tell CADE their deal will reduce logistics costs, increase product offerings

By Ana Paula Candil
  • 17 Mar 2022 19:05
  • 17 Mar 2022 19:19
Pague Menos and Extrafarma have told the Brazilian competition authority their deal will result in growing product offerings and a reduction in prices to consumers because of lower logistics costs.

Brazilian drugstore chain Pague Menos is planning to acquire Ultrapar’s Extrafarma.

In February, the Administrative Council for Economic Defense, or CADE, declared the deal

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