Pets at Home to offer public bite at £1.5bn float February 19, 2014 PETS at Home, the UK’s biggest pet store, yesterday announced plans to offer shares to the animal-loving British public as part of its stock market debut next month. The company, which has 369 stores across the UK, said it intends to raise £275m through the initial share offering and use the proceeds to slash its [...]
Pets at Home confirms £275m IPO February 19, 2014 Pets at Home has this morning unveiled plans to list on the London Stock Exchange. The group wants to raise around £275m through the flotation, to reduce debts and cash out its private equity owner KKR and “certain other” shareholders and members of the management team. Although targeted mainly at institutional investors, employees will get [...]
DEAL FRENZY: Pets At Home lines up to follow King, Poundland and ISS to market February 18, 2014 STOCK markets roared back into life yesterday after discount retailer Poundland, Candy Crush Saga producer King Digital Entertainment, and services firm ISS fired the starting gun on flotation plans, with UK pet store Pets at Home expected to follow suit as soon as today. UK retailer Poundland revealed plans to list in London in March, [...]