Hellman & Friedman acceptance period for Zooplus runs to Oct. 12

MUNICH (Reuters) – U.S. private equity firm Hellman & Friedman said on Tuesday it has until Oct. 12 to secure a majority stake in Zooplus AG, one of Europe’s largest online pet supplies’ retailers. H&F gave the official go-ahead for its 3.3 billion euro ($3.9 billion) takeover offer after Germany’s financial regulator Bafin approved the… Continue reading Hellman & Friedman acceptance period for Zooplus runs to Oct. 12

U.S. private equity firm takes $3.5 billion bet on pets with Zooplus deal

(Reuters) – Germany’s Zooplus has accepted a takeover offer worth around 3 billion euros ($3.5 billion) from U.S. private equity firm Hellman & Friedman, the pet supplies retailer said on Friday. Both the management and supervisory boards welcome the takeover and intend to recommend shareholders accept it, the company said. The offer, a premium of… Continue reading U.S. private equity firm takes $3.5 billion bet on pets with Zooplus deal