From the "Sentiment" regarding Woolworths 55% stake in Petstock, maybe Woolies may take a stake in AHX also.
Integration of PETstock’s 276 locations may be a sign of further opportunities in the market for Woolworths with Petstock Investments also holding a 12.18% stake in vet clinic operator Apiam Animal Health (ASX: AHX) which operates 76 animal health businesses around Australia.
Aussies spent $20.8 billion per annum on their dogs and $10.2 billion on cats with the average expenditure being $3,200 and $2,000 respectively each year on food, veterinary care and health care products.
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- Woolworths' acquisition of controlling interest in Petstock not opposed
Woolworths' acquisition of controlling interest in Petstock not opposed, page-3
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