Remove companies vista-outdoor-inc
article thumbnail

MNC Capital Ups Vista Outdoor Takeover Bid To $3B

Law 360 M&A

Canadian investment bank MNC Capital Partners on Monday upped its proposed takeover bid of Vista Outdoor Inc. by approximately $1 billion after the company rejected its initial offer, now offering roughly $3 billion to purchase the sporting and outdoor products company.

Banking 52
article thumbnail

What's Going On With Vista Outdoor Shares Today?

Benzinga

MNC Capital Partners escalated its bid to acquire Vista Outdoor, Inc. per share, a proposal valuing the company at ~$3.0 The revised offer represents a premium of over 16% to Vista’s closing price of $32.26 This new bid surpasses Vista’s pre-offer share price of below $30.00

Equity 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MNC Capital Enters Vista Outdoor Takeover Fray With $2B Bid

Law 360 M&A

MNC Capital Partners LP has submitted a proposal to acquire Vista Outdoor Inc. for $2 billion, despite Vista entering a merger agreement last year to be acquired by a different company, according to Friday statements.

52
article thumbnail

Vista Outdoor Rejects $2B Takeover Bid From MNC Capital

Law 360 M&A

Vista Outdoor Inc. has rejected the $2 billion takeover bid from MNC Capital Partners LP, saying the proposal does not take into account the increased earnings the company will see when it separates its outdoor and sporting goods divisions.

52
article thumbnail

Vista Outdoor Rejects Rival Bid For Sporting Products Biz

Law 360 M&A

Vista Outdoor Inc., the parent company to more than 36 brands that design and make sporting and outdoor products, has rejected a cash and stock merger proposal from Czech Republic-based holding company Colt CZ Group SE that would have valued Vista Outdoor at $30 per share.

52
article thumbnail

Vista Outdoor To Sell Sporting Products Biz For $1.91B

Law 360 M&A

Vista Outdoor Inc., which is the parent company of more than three dozen brands that design and make sporting and outdoor products, on Monday said that it has agreed to sell its sporting products business to industrial technology holding company Czechoslovak Group in an all-cash deal that holds an enterprise value of $1.91

article thumbnail

Why Vista Outdoor Shares Are Tumbling Today

Benzinga

Vista Outdoor Inc (NYSE: VSTO ) shares are trading lower by around 20% after the company announced asset sales and lowered its FY24 outlook. The company inked a definitive deal to sell its Sporting Products business to Czechoslovak Group a.s. CSG) for $1.91