tradingkey.logo

Canada Goose jumps after report of take-private bids at $1.4 billion valuation

ReutersAug 27, 2025 4:39 PM

** U.S.-listed shares of Canada Goose GOOS.TO, GOOS.N rise as much as 17.7% to $14.32, set for best day in three months, if gains hold

** U.S.-listed shares and Toronto-listed shares of co up 13.2% and 14.4%, respectively, around noon

** Canada Goose's controlling shareholder, Bain Capital, has received bids to take the luxury goods maker private at a valuation of about $1.4 billion, CNBC reports

** U.S. stock has risen 21.3% YTD and closed at a valuation of $1.18 billion on Tuesday

** Private equity firm Bain, which acquired Canada Goose in 2013, is looking to offload its holding, per report

** Reuters could not immediately verify the report. Canada Goose and interested parties did not immediately respond to Reuters' requests for comment, while Bain declined to comment

** In late July, GOOS posted a bigger-than-expected quarterly loss, hit by higher costs from efforts to expand its retail presence and promotional campaigns

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI