Petco hires Goldman Sachs for sale or IPO-sources

August 3, 2015 8:06 PM

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Aug 3 Retailer Petco Animal Supply Inc has hired Goldman Sachs Group Inc for a potential initial public offering or sale that could value it at between $4 billion and $5 billion, including debt, according to people familiar with the matter.

San Diego-based Petco, which is owned by private equity firms TPG Capital LP and Leonard Green & Partners LP, is working with Goldman Sachs as it seeks an outright sale to another company or private equity group, the people said on Monday.

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