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Is Chewy com part of PetSmart?

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Created: 2022-07-13 02:06:10

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common stock and its related subsidiaries, effectively eliminating Chewy as a subsidiary of PetSmart. The leading US retailer acquired the pet e-commerce platform in May 2017. Chewy would continue to be owned by BC Partners, which acquired PetSmart and its subsidiaries in March 2015. 28 окт. 2020 г.


Why did Chewy separate from PetSmart?

“The purpose of splitting up the two companies is for PetSmart to divert value to its shareholders at the expense of its creditors by giving PetSmart's shareholders direct ownership of Chewy shares (rather than PetSmart owning the shares).

What is the difference between Chewy and PetSmart?

When it comes down to it, Chewy carries more products than PetSmart. They have a broader focus and have supplies for small and large animals, while PetSmart's product selection is condensed only to serve small animals. Even in the realm of small animals, Chewy's selection is far greater than what PetSmart offers.

Did Chewy get bought by PetSmart?

PetSmart had acquired Chewy back in 2017 for about $3 billion but last year separated Chewy from its other businesses in preparations for the IPO.

Does PetSmart own Chewy 2021?

Petco and PetSmart both approached with merger offers, and Cohen and Day sold Chewy to PetSmart for $3.35 billion, the largest e-commerce acquisition at the time.

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