Nov 23 (Reuters) - Private equity firm CVC Capital Partners
Ltd and the Canada Pension Plan Investment Board said they had
agreed to buy U.S. pet supplies retailer Petco Holdings Inc for
about $4.6 billion.
The two outbid other buyout firms in an auction for the
company, which had been put up for sale by a group of investors
led by private equity firms TPG Capital LP and Leonard Green &
Partners LP.
CVC and CPPIB have secured more than $3 billion in debt
financing for the acquisition, Reuters reported on Sunday,
citing people familiar with the matter.