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Porto Seguro and Petlove launch Porto Pet as a result of recent alliance in the Brazilian pet segment

Share this article Share this article SÃO PAULO, April 19, 2021 /PRNewswire/ Petlove, the largest digital ecosystem for pet owners in Brazil, and Health for Pet, a branch of the Porto Seguro business group and leader in the animal health insurance segment, announced the conclusion of an agreement that will combine their operations within the Brazilian market. After this transaction, Porto Seguro will hold a 13.5% interest in Petlove and, in return, will transfer the ownership rights of Health for Pet to the e-commerce company. This alliance will also result in the launch of Porto.Pet, a service that will replace Health for Pet s insurance activities and become part of the Petlove ecosystem, whilst having Porto Seguro as a strategic shareholder.

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