Pet Center Com?rcio e Participa?es S.A. (BOVESPA:PETZ3) will look for M&A opportunities. Petz raised BRL 779 million ($140.17 million) in a follow-on share offering of 41 million new ordinary shares, priced at BRL 19.00 each, the company said late on November 18, 2021. The company intends to use the proceeds to speed up the opening of new stores, seek M&A opportunities and develop its digital platform.