U.S. private equity company Hellman & Friedman said on Thursday it has matched a rival offer from Swedish private equity firm EQT AB to acquire Zooplus AG, one of Europe’s largest online pet supply retailers, for about $3.88bn.
Hellman & Friedman’s 470-euros-per-share offer for Zooplus comes after EQT topped an earlier 460-euros-per-share offer by the U.S. firm last month.
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EQT on Wednesday published its offer document in relation to the deal, which has been welcomed by the management and supervisory boards of Zooplus.
Source: Reuters
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