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Apollo Thinks it Can Turn PetSmart Around

BC Partners agreed to sell a minority stake in PetSmart, a Phoenix-based chain of pet stores, to Apollo Global Management, though will remain a majority owner along with Singapore’s GIC Private Limited. Other co-investors in PetSmart include La Caisse de dépôt et placement du Québec (CDPQ), Longview Asset Management LLC, StepStone Group, and certain other…

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