The bidding war for Zooplus has entered a new stage: holding company Zorro Bidco, which is controlled by funds advised by Hellman & Friedman, has now increased the consideration for the voluntary public acquisition offer made to Zooplus shareholders on 14 September by 10 euros to 470 euros in cash per Zooplus share.
Hellman & Friedman have thus equalled the bid price of EQT, which was announced on 27 September in response to the earlier bid by Hellman & Friedman.
Zooplus issued a comment on behalf of the executive board and supervisory board of the company.