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September 13, 2024


Czechoslovak Group Responds to MNC Capital’s VSTO Bid

Czechoslovak Group, which has offered $2.15 billion for Vista Outdoor’s Kinetic Group ammunition business, added another $150 million to the pot for shareholders, offering to pay that sum for 7.5% of a standalone Revelyst once its acquisition of Kinetic was complete.

Nike Shareholders Reject Proposals at AGM

The Swoosh’s stockholders shot down shareholder proposals calling for more transparency on employee gender- and race-based pay gaps, sustainability targets, human rights violations in the supply chain, and the organizations Nike supports.

Oura Acquires Health App Company

The Finnish maker of the Oura Ring wearable has inked an agreement to acquire metabolic health company Veri, which guides users to the right foods through an app and monitors glucose levels.

Etcetera: Deckers, JD Sports, Elvisridge Capital, Fanatics, Gymshark

 
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