KKR terminates talks regarding potential takeover with Zooplus

By Reuters

U.S. financial investor KKR has terminated talks regarding a potential takeover offer for Zooplus, the German online pet shop chain said on Wednesday, two days after another suitor raised its offer price for the company. “The financial investor KKR has informed the company today of its decision to no longer pursue the discussions regarding a potential voluntary public takeover offer by KKR to the shareholders of the company in light of the recent developments,” Zooplus said in a statement.

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Via:: Sports Headlines

      

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