Sagard, Fairfax in talks about potential Performance Sports deal
Sagard Capital Partners and Fairfax Financial have entered into a confidentiality agreement relating to Performance Sports Group Ltd, a U.S. maker of sports equipment and apparel. Sagard, which owns about 16.9 percent of the company's shares, said it and Performance Sports have discussed the possibility of undertaking a restructuring deal and other strategic options. Sagard added it may undertake a deal in partnership with Canada's Fairfax. Reuters reported earlier this month that Brookfield Asset Management is also considering a bid for Performance Sports.
24 October 2016•5 mins read
