PetO to triple revenue after acquiring PetStock from Woolworths
Inside Retail
MAY 27, 2024
To reflect this divestiture, Woolworths’ purchase price of the 55 per cent stake in PetStock would be expected to be around $438 million, down from the initial price tag of $586 million. “Australia is right now experiencing record levels of pet ownership and increased demand for pet products,” he continued.
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