RIO DE JANEIRO, BRAZIL - Porto Seguro said that after meeting all conditions precedent, including antitrust agency CADE's approval, it has finalized the agreement with Petlove and will receive a 13.5% stake in the company. The deal, the numbers of which were not disclosed, had been announced in April.
In exchange for the stake in Petlove, one of the largest online pet product platforms in Brazil, Porto Seguro will give the company control of its pet health insurance unit, formerly called Health for Pet and now renamed Porto Pet . . .
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