Colt CZ Group Offers to Buy Vista Outdoor

Just before Thanksgiving Day, Colt CZ Group offered to buy Vista Outdoor for ~$1.74 billion ($30 per share). Colt CZ currently also owns a 2.4% equity stake in Vista.

As you may recall, Vista announced last month that Czechoslovak Group had offered to purchase the sporting elements of the business which deal with ammunition, for $1.91 billion.

Once the sale is completed, the remaining outdoor products group would be renamed Revelyst.

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on Tuesday, November 28th, 2023 at 14:00 and is filed under Industry, International.
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