Jan 27: KKR snaps up Pets at Home

Kohlberg Kravis Roberts, the US private equity group, on Wednesday announced the acquisition of Pets at Home in a deal valuing the UK's leading supplier of dog collars, cat flaps, rabbit hutches and fish tanks at £955m. As Luke Templeman of Lex explains, the highly competitive auction between some of the world's biggest private equity groups signals a resurgence in activity by private equity firms.