PetSmart Sold for $8.7 Billion

A consortium led by BC Partners has acquired pet products retailer PetSmart. 

April 6, 2018

PetSmart Sold for $8.7 Billion

A consortium led by BC Partners has acquired pet products retailer PetSmart.

The consortium has agreed to purchase the company at a price of $83 per share in cash, representing a premium of 39 percent over PetSmart’s unaffected closing share price on July 2.

The deal is valued at approximately $8.7 billion and is expected to close in the first half of 2015. 

Read more about:

Subscribe and receive the latest news from the industry.

Join 62,000+ members. Yes, it’s completely free.

You May Also Like

Loading..

Report

Loading..

This site uses cookies to provide you with the best user experience possible. By using License Global, you accept our use of cookies.