In This Issue
Canidae wows retailers with range of grain-free pet food
Safety warning over car harnesses for dogs
Pets at Homes shares hit as investor sells half its stake in the business
World's most poisonous garden for cats and dogs opens to raise awareness of danger to pets
Pet Munchies launches premium natural cat treats
Tremendous response to the PetQuip Awards 2015
Millions of owners set to be prosecuted unless they microchip their dogs
All for Paws Cooling Mat set to be a hot seller this summer
Huge fire at pet food and garden store
Purina launches website for new puppy owners
Popular pet shop closes after 25 years
Dog walkers who don't carry a bag for their pets' mess may be fined
Dog poo fines fall by a fifth
Grove Pet Foods shows its 'green' credentials
Pooch & Mutt sponsors the exciting sport of CaniX
Girl picks dog that bit her from pooch identity parade
Nerf Dog will be at DogFest event in Cheshire
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Pets at Homes shares hit as investor sells half its stake in the business

Shares in animal care firm Pets at Home fell by 3% on Tuesday after its biggest shareholder sold almost half of its stake for £288 million.

US buyout firm Kohlberg Kravis Roberts sold 108 million shares, or 21.6% of the business, at 267p a share leaving it with a 24.6% holding.

Following the sale shares in Pets at Home, which runs 400 pets stores and 338 vets' practices, slipped 3%.

The Cheshire-based company has ridden the rising wave of pet pampering across the UK, and earlier this week said it would roll out a new chain of high-street dog spas called Barkers.

KKR bought Pets at Home from private equity rival Bridgepoint in 2010 for £995m. The pet care and products retailer floated on the London market in March last year at 245p a share, valuing it at £1.2bn.

In a regulatory announcement on Tuesday, KKR said it was placing 108m shares at 267p each, leaving it with a 25.2 per cent stake. It previously held 46.8 per cent of Pets at Home.

Reports have emerged that KKR may have another retailer in its sites. Supermarket chain Tesco has invited at least six firms, including KKR, to bid for its South Korean unit Homeplus, valued at about $6bn (£3.9bn).

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