Hellman & Friedman allies with rival EQT

Hellman and Friedman want to take over Zooplus.  Source: dpa
Dog Food

Hellman and Friedman want to take over Zooplus.

(Photo: dpa)

Berlin The previously rival financial investor Hellman & Friedman and the Swedish investment company EQT now want to jointly take over the online pet supplies retailer Zooplus. It would be offered 480 euros per Zooplus share, announced Zooplus surprisingly on Monday. That corresponds to around 3.7 billion euros including debt.

This is above the previous offer of 470 euros per share. On Friday the paper went out of trading at 475.40 euros.

So far, EQT and Hellman & Friedman have delivered a bidding race for Zooplus. In contrast to EQT, the Californians already own a good 17 percent of the Zooplus shares.

More: Supermarkets are winners of the corona crisis – but now the discounters are fighting back

Top jobs of the day

Find the best jobs now and
be notified by email.


Detect location


  • rtr
  • dpa

.
source site