Brookfield Asset Management mulls bid for Performance Sports: Reuters
Brookfield Asset Management, Canada's largest alternative-assets manager, is considering a bid for troubled hockey gear-maker Performance Sports Group Ltd, Bloomberg reported, citing people familiar with the matter. Brookfield raised its stake to 13.2 percent in Performance Sports in September after having said it would push for a restructuring and a possible sale. It is now Performance Sports' second largest shareholder after Sagard Capital Partners Management Corp, according to Thomson Reuters data.
11 October 2016•2 mins read
