Petco Acquired for $4.6 Billion

Private equity firm CVC Capital Partners and Canada Pension Plan Investment Board have agreed to acquire the holding company for Petco-LogoPetco Animal Supplies Inc. at a cost of $4.6 billion.

A joint statement said CVC and the Pension Plan Investment Board will purchase Petco Holdings from its current group of investors in a deal expected to close in early 2016.

Petco Acquired for $4.6 Billion

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