Ex-chairman eyes bid for bankruptcy-hit Performance Sports: Reuters
The former chairman of Performance Sports Group Ltd, which has filed for bankruptcy, said in an interview that he is talking with U.S. and Canadian private equity firms about submitting a bid for the company, Reuters reported. Ex-Chairman Graeme Roustan said many private equity firms had approached him to determine next steps. Roustan said he opposes Sagard Capital's US$575 million deal with Performance Sports and intended to ask the U.S. Department of Justice and Canadian competition authorities to investigate.
31 October 2016•3 mins read
