StockNews.AI
GOOS
CNBC
7 hrs

Canada Goose rises 7% in premarket trading after controlling shareholder gets take-private bids

1. Canada Goose shares rose nearly 7% following reports of a potential buyout. 2. Bain Capital is considering taking Canada Goose private after receiving bids. 3. Verbal offers from Boyu Capital and Advent International value Canada Goose at $1.35 billion. 4. Shares up over 21% this year but still below 2018 valuation peak. 5. Deal due diligence expected to take less than two months after buyer selection.

+14.46%Current Return
VS
+0.21%S&P 500
$12.1708/27 05:36 AM EDTEvent Start

$13.9308/27 12:02 PM EDTLatest Updated
3m saved
Insight
Article

FAQ

Why Bullish?

The interest from private equity firms indicates strong valuation, likely boosting investor sentiment.

How important is it?

The potential buyout could significantly alter GOOS's market status and investor outlook.

Why Short Term?

The upcoming due diligence and negotiated offers could prompt rapid price movements.

Related News