Quadrant sells Australia pet care business for $192m
Quadrant Private Equity will exit Australian pet supplies business City Farmers after veterinary services provider Greencross agreed to buy the company for A$205 million ($192 million).
It represents a very quick turnaround for Quadrant, which acquired a majority stake in City Farmers last September for A$93 million. CEO Clayton Hollingsworth and other investors will also exit to Greencross....
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