Vista Outdoor Announces Completion of CSG Transaction
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 27 2024
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Should l Buy ?
Source: Newsfilter
Vista Outdoor Completes Sale: Vista Outdoor Inc. has finalized the sale of The Kinetic Group to Czechoslovak Group a.s., providing stockholders with cash and shares of Revelyst, which will begin trading on the NYSE under "GEAR" today.
Future Transactions: The acquisition of Revelyst by Strategic Value Partners is expected to close by January 2025, following the completion of the CSG Transaction, aimed at enhancing Revelyst's market position in the outdoor recreation industry.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
