BC Partners to Sell Minority Stake in PetSmart to Apollo
BC Partners will retain a majority holding in PetSmart alongside Singaporean sovereign fund GIC Pte and the company’s management.
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BC Partners will retain a majority holding in PetSmart alongside Singaporean sovereign fund GIC Pte and the company’s management.
(Bloomberg) -- BC Partners agreed to sell a minority stake in PetSmart to Apollo Global Management Inc., having shelved plans to take the North American pet retailer public last year. Most Read from Bloomberg‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaChina Replaces Foreign Minister After Mysterious AbsenceMusk Explains Why He’s Axing Twitter Name, Iconic Bird LogoTwitter Turning Into X Is Set to Kill Billions in Brand ValueWho Wants to Keep Hiking Rates and Who Doesn’t? Brea
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