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 […]

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