EQT-owned veterinary group IVC Evidensia has spent £34m over the past two years responding to a UK Competition and Markets Authority (CMA) investigation, according to a report by the Financial Times citing newly filed accounts.
The conclusion of the probe now clears a potential route to exit for the private equity firm.
The CMA’s industry-wide review of the UK veterinary sector, which wrapped up in March, examined pricing practices across major chains and led to new rules including limits on fir...
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