- Business Wire
CFIUS Clears Sale of The Kinetic Group to CSG
ANOKA, Minn., June 25, 2024--Vista Outdoor Inc. ("Vista Outdoor," the "Company," "we," "us" or "our") (NYSE: VSTO) and Czechoslovak Group a.s. ("CSG") announced today that the Committee on Foreign Investment in the United States ("CFIUS") has cleared CSG’s proposed acquisition of Vista Outdoor’s The Kinetic Group business (the "Transaction"). Vista Outdoor and CSG received written notice from CFIUS that CFIUS has concluded its review and investigation of the Transaction and has determined that t
- Bloomberg
Czech Arms Maker Raises Offer for Vista Ammo Unit to $2 Billion
(Bloomberg) -- Czechoslovak Group raised its offer for Vista Outdoor Inc.’s Kinetic Group ammunition unit to $2 billion, in an effort to seal a deal and ward off a competing takeover of the US maker of recreational products. Most Read from BloombergJain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Tech Hits Stocks as Nvidia Extends Selloff to 13%: Markets WrapNvidi
- Business Wire
CSG Increases Purchase Price for The Kinetic Group Business to $2 Billion
ANOKA, Minn., June 24, 2024--Vista Outdoor Inc. ("Vista Outdoor" or the "Company") (NYSE: VSTO) today announced that, on June 23, 2024, it entered into an amendment to the merger agreement with Czechoslovak Group a.s. ("CSG").
