Stocks in Motion | Canada Goose (GOOS.US) rises more than 17% after receiving a verbal privatization offer.
According to the Wise Financial News APP, the stock price of Canada Goose (GOOS.US) has risen. As of the time of reporting, the stock has risen by over 17%, reaching $14.249. On the news front, the controlling shareholder of the stock, Bain Capital, has received a verbal offer for privatization from private equity firms Bo Yu Capital and Advent International, valuing Canada Goose at $1.35 billion. It is reported that Bain Capital is considering selling its stake in Canada Goose, with Goldman Sachs serving as the advisor for this transaction. Other potential buyers include Bosideng (03998) and a consortium formed by private equity firm FountainVest Partners and Anta (02020).
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