Zooplus – financial investors win – economy

Financial investors EQT and Hellman & Friedman have won their bid for online pet supply retailer Zooplus. More than 50 percent of the total share capital of Zooplus had been offered, the two bidders said Thursday after the expiration of the first acceptance period. This exceeded the minimum threshold for acceptance. The result of the offer, which was increased from 10 euros to 480 euros on October 25, is expected to be released on November 8. EQT and Hellman & Friedman have long fought for Zooplus and have outbid several times. Finally, they got together. Zooplus, which according to its own statements has a valuation of around 3.7 billion euros, supported the joint offer.

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