PetsMart management offer pounds 15m

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The Independent Online
PetsMart management offer pounds 15m

THE MANAGEMENT of PetsMart, the UK pet superstore chain, has formally tabled a pounds 15m offer to buy the business back from its American owners. The management team, led by Giles Clarke, is also thought to have tabled an offer for Pets At Home, the privately controlled pet store rival based in Cheshire, and contacted the Office of Fair Trading for confidential guidance on possible regulatory problems.

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