Group 1 - On August 29, Bosideng clarified that reports regarding a potential acquisition of Canada Goose Holdings Inc. are false and that the company has no undisclosed information [1] - Bain Capital, the controlling shareholder of Canada Goose, is considering selling part or all of its stake, with a privatization offer valued at approximately $1.35 billion received [3] - Canada Goose's stock price increased by over 16% following the news of the potential acquisition [3] Group 2 - Multiple private equity firms and apparel companies have expressed interest in acquiring Canada Goose, including Bosideng and a consortium formed by FountainVest Partners and Anta Sports [3] - Bain Capital will not make a decision on the acquisition until it receives more offers, with due diligence expected to be completed in less than two months once a buyer is selected [4] - Canada Goose has experienced a slowdown in revenue growth, with a projected revenue increase of only 1.09% to CAD 1.348 billion for the fiscal year ending March 2025, compared to previous years' growth rates of 21.54%, 10.8%, and 9.6% [4]
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