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Canada Goose Stock Jumps on Reported Take-Private Offers.

stock :: 2025-08-27 :: source - investopedia

By Nisha Gopalan

Canada Goose's controlling shareholder has received bids aimed at taking the parka maker private. 
Jakub Porzycki / NurPhoto via Getty Images

Shares of Canada Goose Holdings (GOOS) are surging 9% in premarket trading Wednesday following a report that controlling shareholder Bain Capital has received takeover bids valuing the maker of high-end winter jackets at around $1.35 billion.

Citing people familiar with the matter, CNBC reported that Bain Capital is looking to sell its stake in Canada Goose, with existing offers set to take the New York- and Toronto-listed company private.

The report said that private-equity firms Boyu Capital and Advent International "have made verbal offers" that value Canada Goose at eight times its 12-month average EBITDA, which translates into a valuation of about $1.35 billion. Other interested buyers include Shanghai-based down jacket maker Bosideng International and a consortium set up by private-equity firm FountainVest Capital and Anta Sports Product, CNBC added.

Canada Goose and Bain Capital didn't immediately respond to requests for comment.

As of March 30, Bain controlled around 55.5% of the combined voting power of Canada Goose, according to a regulatory filing.

READ: Soho House Stock Soars on $2.7B Take-Private Deal Involving Ashton Kutcher

Canada Goose shares rose more than 3% Tuesday after Baird analysts upgraded the stock to "outperform" from "neutral" and their price target to C$24 from C$18 on the company's "improved product, merchandising focus, and marketing investment have spurred better brand momentum." They have added more than a fifth of their value this year.

Source: Investopedia

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