KKR To Buy Pets At Home For $1.5B
The terms of the transaction were not disclosed, but Dow Jones reported that KKR would pay £955 million (more than $1.5 billion) for the pets business.
That price would represent a heavy return for Bridgepoint from the £230 million it paid to acquire the business in August 2004. Since then, Pets at Home's sales have more than doubled, Bridgepoint...
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