Preview - Please log in to view full article.

Article Date: April 2024
Word Count: 309

Vista Outdoor Hedges its Bets with MNC Capital


VSTO’s deal to sell its ammunition business to Czechoslovak Group has still not received CFIUS approval, and the company has now engaged with investment firm MNC Capital as a back-up plan. As the CSG deal to buy VSTO’s Kinetic Group for $1.91 billion moved forward, MNC swooped in last month with an offer to buy the whole company, including the Revelyst outdoor products division, for $35.00 per share. When that offer was rejected, MNC quickly bumped its bid to $37.50 per share, or about $3 billion.

 

Now Vista has entered into discussions ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.