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. They bought the company from TPG and Leonard Green, who took the then-public pet retailer private 15 years ago. . 14), Bloomberg reported. . Morgan Stanley, Goldman Sachs and Barclays are the underwriters.
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