Shares in the Toronto-headquartered luxury winter clothing company rose nearly 15 per cent Wednesday morning after Bain, its largest shareholder, received bids to take the company private, CNBC reported. The U.S. private equity firm owns 32 per cent of Canada Goose. (CNBC)
Skip to content
Shares in the Toronto-headquartered luxury winter clothing company rose nearly 15 per cent Wednesday morning after Bain, its largest shareholder, received bids to take the company private, CNBC reported. The U.S. private equity firm owns 32 per cent of Canada Goose. (CNBC)
Talking point: Sources told CNBC that Boyu Capital and Advent International made verbal bids that would value Canada Goose at US$1.35 billion, or eight times its 12-month average EBITDA. While most of its clothes are made in Canada and USMCA-compliant, Canada Goose is still wary of indirect impacts U.S. tariffs could have on its business. Uncertainty in the global economy could see consumers dial back lavish spending. Bain is reportedly waiting for more offers before making a decision on a sale.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Analysis
These AI startups are making millions with tiny teams
Briefing
Supply-chain management vendor Kinaxis reports revenue jump and higher profit
Flush with cash, Suncor Energy boosts share buybacks—but doesn’t rule out production growth
Goodfood seeks creditor protection as it tries to sell itself
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
