Vista Group International Limited (VGL.AX)
- Reuters
Vista Outdoor asks MNC Capital to increase $3 billion buyout offer
Shares of Vista rose 5% in early trading. MNC Capital had in March raised its all-cash bid to acquire Vista to $37.50 per share, or $3 billion, after the company turned down its earlier offer of $2.90 billion. Vista is already in talks to sell its sporting goods unit, which includes its ammunition business, to privately held Czech defense and civil manufacturing company Czechoslovak Group (CSG) in a $1.91 billion deal.
- Simply Wall St.
Vista Group International (NZSE:VGL) shareholders have endured a 57% loss from investing in the stock five years ago
While not a mind-blowing move, it is good to see that the Vista Group International Limited ( NZSE:VGL ) share price...
- Reuters
Vista Outdoor, CSG refile notice to US regulator for approval of $1.91 billion deal
Last year, Vista Outdoor announced it would sell its sporting products business to the privately held Czech defence and civil manufacturing company in a $1.91 billion deal. The Committee on Foreign Investment (CFIUS) has initiated a new review period upon accepting the joint voluntary notice from Vista Outdoor and CSG.
