Covetrus (CVET) Receives $21 Per Share Offer from Clayton, Dubilier & Rice and TPG
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Covetrus (CVET) $21/Share Takeover Offer Seen as 'Relatively Modest' - Stifel
May 20, 2022 10:27 AM EDTStifel analyst Jonathan Block weighed in on CD&R's $21 per share takeover offer for the rest of Covetrus (NASDAQ: CVET), calling it "relatively modest."
"Our initial reaction is that the $21 offer price is relatively modest as it would imply a... More
Covetrus (CVET) Confirms Receiving $21 Per Share Offer From Clayton, Dubilier & Rice and TPG Global
May 20, 2022 8:24 AM EDTCovetrus (NASDAQ: CVET) disclosed:
On May 19, 2022, Covetrus, Inc. (the Company) acknowledged that the Company had received a non-binding proposal (the Proposal) from funds affiliated with Clayton, Dubilier & Rice, LLC (CD&R) and TPG Global, LLC (collectively, the Sponsors) to acquire all of the Companys outstanding shares of common stock not already owned by the... More
