Arbor to acquire Mars Petcare's U.S. EP business

Arbor Investments has agreed to acquire Mars Petcare's U.S.-based exclusive brands business. No financial terms were disclosed. The deal is expected to close by the end of the year. BofA Merrill Lynch is acting as financial adviser to Mars while Skadden, Arps, Slate, Meagher & Flom LLP is providing legal advice. And, Kirkland & Ellis is acting as legal adviser to Arbor.

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