News | Hellman & Friedman raises its bid price


Tug of war over Zooplus

Who will acquire Zooplus? EQT and Hellman & Friedman are engaged in a bidding war. Photo: Darby Browning, Pixabay

The bidding war for Zooplus has entered a new stage: holding company Zorro Bidco, which is controlled by funds advised by Hellman & Friedman, has now increased the consideration for the voluntary public acquisition offer made to Zooplus shareholders on 14 September by 10 euros to 470 euros in cash per Zooplus share.

Hellman & Friedman have thus equalled the bid price of EQT, which was announced on 27 September in response to the earlier bid by Hellman & Friedman.

Zooplus issued a comment on behalf of the executive board and supervisory board of the company.

|12 October 2021 | 11:45


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