Economic news

Shore Capital, Silver Lake in talks over $8.6 billion pet care deal, Bloomberg News reports

2024.11.01 16:49

Shore Capital, Silver Lake in talks over $8.6 billion pet care deal, Bloomberg News reports

(Reuters) -Private equity firm Shore Capital Partners is in talks to partner with Silver Lake Management to combine two veterinary groups through an $8.6 billion deal, Bloomberg News reported on Friday, citing people familiar with the matter.

Shore is working to merge portfolio companies Southern Veterinary Partners and Mission Veterinary Partners and recapitalize the combined entity with an investment from California-based Silver Lake, according to the report.

The two private equity firms would co-own the combined entity and together contribute about $4 billion of fresh equity to the company, the Bloomberg report said.

Silver Lake and Shore Capital did not immediately respond to Reuters’ requests for comment.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 69,567.64 1.08%
ethereum
Ethereum (ETH) $ 2,514.96 0.27%
tether
Tether (USDT) $ 1.00 0.08%
bnb
BNB (BNB) $ 573.38 0.56%
solana
Solana (SOL) $ 166.52 1.32%
usd-coin
USDC (USDC) $ 1.00 0.02%
xrp
XRP (XRP) $ 0.51327 0.60%
staked-ether
Lido Staked Ether (STETH) $ 2,514.22 0.26%
dogecoin
Dogecoin (DOGE) $ 0.159582 1.24%
tron
TRON (TRX) $ 0.167393 0.59%
cardano
Cardano (ADA) $ 0.358757 4.89%
the-open-network
Toncoin (TON) $ 4.90 0.96%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,970.41 0.32%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 1.89%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,487.62 1.14%
avalanche-2
Avalanche (AVAX) $ 24.81 0.91%
weth
WETH (WETH) $ 2,514.88 0.28%
chainlink
Chainlink (LINK) $ 11.26 1.42%
bitcoin-cash
Bitcoin Cash (BCH) $ 349.84 2.30%
sui
Sui (SUI) $ 1.99 0.02%
usds
USDS (USDS) $ 1.00 0.00%
leo-token
LEO Token (LEO) $ 6.06 0.64%
polkadot
Polkadot (DOT) $ 3.91 1.34%
litecoin
Litecoin (LTC) $ 70.35 1.62%
near
NEAR Protocol (NEAR) $ 3.94 3.18%
aptos
Aptos (APT) $ 8.94 2.06%
uniswap
Uniswap (UNI) $ 7.56 1.19%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,644.81 0.28%
pepe
Pepe (PEPE) $ 0.000009 2.66%
internet-computer
Internet Computer (ICP) $ 7.84 0.58%
bittensor
Bittensor (TAO) $ 464.37 4.66%
dai
Dai (DAI) $ 1.00 0.05%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.23 5.57%
kaspa
Kaspa (KAS) $ 0.116645 0.98%
monero
Monero (XMR) $ 156.53 0.62%
stellar
Stellar (XLM) $ 0.093148 0.70%
ethereum-classic
Ethereum Classic (ETC) $ 18.46 0.70%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
whitebit
WhiteBIT Coin (WBT) $ 19.01 1.34%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.21%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.31881 0.63%
blockstack
Stacks (STX) $ 1.60 2.42%
okb
OKB (OKB) $ 38.10 0.49%
dogwifcoin
dogwifhat (WIF) $ 2.21 7.41%
aave
Aave (AAVE) $ 141.69 1.21%
filecoin
Filecoin (FIL) $ 3.47 1.93%
arbitrum
Arbitrum (ARB) $ 0.520235 1.47%
crypto-com-chain
Cronos (CRO) $ 0.073399 0.46%
mantle
Mantle (MNT) $ 0.577957 3.43%
thorchain
THORChain (RUNE) $ 5.71 1.63%