TPG Capital has hired investment bank Credit Suisse to consider options for Australia’s biggest pets and vets business Greencross, including a potential $4 billion-plus sale.
Street Talk can reveal TPG Capital has called in the bankers to test financial and trade buyer appetite, keen to see whether red-hot demand for pets businesses globally will transfer to its $300 million-a-year business in Australia.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
