Preview - Please log in to view full article.

Article Date: November 2024
Word Count: 178

Vista Outdoor Closes Kinetic Sale


VSTO moved quickly to consummate the divestiture of its ammunition business to Czechoslovak Group after shareholders approved the sale by a huge margin on Monday, signing the deal this morning. Simultaneously, Vista Outdoor and its Revelyst outdoor products division entered into a separation agreement, making Revelyst a stand-alone company. After the deal closed, Vista used some of the $2.15 billion cash purchase price to immediately redeem its $500 million in 4.500% Senior Notes due 2029 at a price equal to ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.