Greencross takes on Mammoth purchase

Greencross has turned to the $7 billion pet-supplies sector with a $330 million scrip deal that more than doubles the size of the entity.

Having acquired a string of vet practices and then a pet cemetery to bury its mistakes, the Brisbane-based consolidator has turned to the $7 billion pet-supplies sector with a $330m scrip deal that more than doubles the size of the entity.

Greencross (GXL, $6.30) says it's acquiring the private Mammoth Pet Holdings, which owns the Petbarn chain here and Animates in New Zealand, by issuing just over 52m of its shares to the owners.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles