Private equity firm EQT bids $3.94 bln for Germany's Zooplus
1 Min Read
(Reuters) - Zooplus AG, one of Europe’s largest online pet supplies’ retailers, said on Saturday that Swedish private equity firm EQT AB has made an offer to buy the company for about 3.36 billion euros ($3.94 billion).
EQT’s 470-euros-per-share offer for Zooplus comes after U.S. private equity company Hellman & Friedman this month raised its offer to buy the company for 3.29 billion euros from an initial 3 billion euros.
The deal repres