Petsmart is spinning off 20 percent of Chewy.com as a dividend to its PE owner, BC Partners, the Wall Street Journal is reporting. BC Partners invested $1 billion in 2017 to finance Petsmart’s buy of Chewy.com, the story said.
Petsmart is spinning off 20 percent of Chewy.com as a dividend to its PE owner, BC Partners, the Wall Street Journal is reporting. BC Partners invested $1 billion in 2017 to finance Petsmart’s buy of Chewy.com, the story said.
Copyright PEI Media
Not for publication, email or dissemination