Petco’s $864 Million IPO Beats Forecasts
PYMNTS
JANUARY 14, 2021
The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. Petco is controlled by CVC Capital Partners and Canada Pension Plan Investment Board, which acquired the company in 2015 for $4.6 14), Bloomberg reported. . He added that the pandemic added 3.3
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