The financial investors EQT and Hellman & Friedman have been successful with their bid for the online pet supplies retailer Zooplus. More than 50 percent of the entire Zooplus share capital had been offered, announced the two bidders on Thursday after the first acceptance period had expired. This exceeded the minimum acceptance threshold. The result of the offer, which was increased by 10 euros to 480 euros on October 25, is expected to be published on November 8. EQT and Hellman & Friedman had fought against each other for Zooplus for a long time and repeatedly outbid each other. Finally they got together. Zooplus, which claims to have a valuation of around 3.7 billion euros with the increased offer, supported the joint bid.
Zooplus – financial investors prevail – economy
