KIC Invests $100 Million into PetSmart

Posted on 07/13/2015


The Korea Investment Corporation (KIC) has invested US$ 100 million into U.S.-based PetSmart Inc., a pet supplies and service retailer that was taken private officially in March 2015. Buyout leads, London-based BC Partners and GIC Private Limited, are allowing partners to take over shares of Phoenix-based PetSmart. The KIC’s ownership stake stands at 5%, with […]