Reported 2 days ago
Canada Goose's major shareholder, Bain Capital, has received take-private offers, valuing the luxury brand at approximately $1.4 billion, according to CNBC. Bain, which obtained a majority stake in 2013, aims to sell its holding with Goldman Sachs advising on the process. The company has faced recent financial pressures and posted a larger-than-expected quarterly loss in July, while U.S.-listed shares rose over 6% in premarket trading following the news of the bids.
Source: YAHOO