CVS GROUP's acquisition of rival Quality Pet Care could be cleared after it offered to dispose some parts of its business to appease the competition regulator.

In August, CVS announced its acquisition of Quality Pet Care, which trades as The Vet, for £20.4m.

However, the Competition and Markets Authority (CMA) launched an investigation into the deal shortly after and judged last month that the move would reduce competition in a number of UK cities and raised concerns over the gradual disappearance of independent veterinary practices from UK high streets.

The CMA said on Friday that CVA offered undertakings, including the sale of The Vet, and believes there are "reasonable grounds" to think the move could appease competition concerns.

CVS Group owns more than 500 veterinary surgeries across the UK, Netherlands and the Republic of Ireland.

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