ACCC: Woolworths’ PETstock Acquisition Approved
After a year-long process, Woolworths has received approval from the competition authority to acquire a majority stake in PETstock, a prominent player in the pet industry. The agreement, initially valued at $586 million, has been revised to $438 million for a 55% share in Petspiration Group, operating as PETstock, totalling an enterprise value of approximately […]
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