TPG, Carlyle acquire stake in Greencross, see buyout offer rejected
TPG Capital and The Carlyle Group have jointly acquired a 15.42% voting interest in Australia’s Greencross, although a buyout offer for the listed pet services business was rejected over the weekend.
Greencross said in a filing that the TPG and Carlyle consortium had offered A$6.75 per share for all equity they don't already own, valuing the business at approximately A$770 million ($549 million). The...
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