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Australian regulator probes PETstock's prior M&As ahead of Woolworths deal

The Australian Competition and Consumer Commission (ACCC) is reviewing retailer Woolworths' proposed 55% stake buy in PETstock. The concerns relate to PETstock's acquisitions of Best Friends Pets, Pet City, Animal Tuckerbox and Pet and Aquarium Warehouse in Eltham, Victoria between 2017 and 2022 that were not notified to the ACCC, the watchdog said. ....

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