Tuesday, November 24, 2015
CVC, Canada's CPPIB to buy Petco for about $4.6 billion
(Reuters) - 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.
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