Private Equity

Pets at Home share price soars on BC Partners bid rumours

The registration of Pug-branded bidcos sparked trader speculation that a bid was imminent

UK listed pet retailer Pets at Home said it did not comment on market speculation
UK listed pet retailer Pets at Home said it did not comment on market speculation Photo: Peter Dazeley/Getty

Pets at Home shares jumped 13% on 26 February after speculation that private equity firm BC Partners was preparing a bid.

A series of bidcos were registered on 24 February with pug in the name, sparking rumours on share trading websites that they could be used to target listed UK pet retailer Pets at Home.

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