Reported Friday, Vista Outdoor Sells Revelyst For $1.125B In All-Cash Deal With SVP; Boosts Kinetic Group Purchase Price To $2.225B
Portfolio Pulse from Benzinga Newsdesk
Vista Outdoor has agreed to sell Revelyst to Strategic Value Partners for $1.125 billion in an all-cash deal. Concurrently, Vista Outdoor has increased the purchase price for acquiring The Kinetic Group to $2.225 billion, contingent on the completion of the SVP transaction.
October 07, 2024 | 6:21 am
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Vista Outdoor is selling Revelyst for $1.125 billion to SVP and has increased the purchase price for The Kinetic Group to $2.225 billion. This strategic move could strengthen Vista Outdoor's financial position and focus.
The sale of Revelyst for $1.125 billion provides Vista Outdoor with significant cash, potentially improving its financial health. The increased purchase price for The Kinetic Group suggests a strategic focus on this acquisition, which could be beneficial for Vista Outdoor's growth.
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