CSG reaffirms commitment to $2.15 billion acquisition of The Kinetic Group for Vista Outdoor Shareholders
CSG reaffirms commitment to $2.15 billion acquisition of The Kinetic Group for Vista Outdoor Shareholders
07/23/24, 6:51 PM
Location
Industry
manufacturing
manufacturing
CSG, a leading global industrial holding company, has reaffirmed its commitment to successfully completing the $2.15 billion acquisition of Vista Outdoor Inc.'s The Kinetic Group. CSG's fully financed bid provides Vista Outdoor shareholders with certainty and the opportunity to realize superior value. The acquisition is expected to maximize shareholder value and can be completed in early August. Additionally, CSG intends to invest in the growth of the newly acquired businesses within The Kinetic Group and increase American jobs as part of its broader growth strategy.