Deal Roundup: CVC, Advent bid for pet food business, Actis to sell African fibre operator

CVC and Advent International have made a joint bid for European pet food business PPF from Cinven, according to a report by the Financial Times. Cinven was previously seeking roughly €2bn for the business, although no talks with CVC and Advent are still ongoing. PPF had been bought by Advent in 2011 before being sold …