Nov 23 Petco Holdings Inc agreed to be acquired by CVC Capital Partners Ltd and the Canada Pension Plan Investment Board (CPPIB) in a $4.6 billion deal, after merger talks with market leader PetSmart Inc stalled last month due to antitrust concerns.
Petco, the No.2 U.S. pet supplies retailer, had been put up for sale by a group of investors led by private equity firms TPG Capital LP and Leonard Green & Partners LP, the company said on Monday.
01:44 Student Loan Collector Cheated Millions, Lawsuits Say19 4
21:52 Netflix nears 94 million subscribers 10 years after streaming launch13
18:21 Mark Zuckerberg takes the stand in $2 billion lawsuit claiming Oculus theft7
16:16 Luxottica, Essilor $24 billion merger creates eyewear giant18