Canada Goose (GOOS) shares surged over 16% on Wednesday following reports that controlling shareholder Bain Capital is exploring a sale that could take the luxury outerwear company private. Multiple bidders are circling the winter apparel maker, offering approximately $1.35 billion based on 8x trailing EBITDA.
Private equity firms Boyu Capital and Advent International have submitted verbal offers, while other interested parties include China's Bosideng International and a consortium of Anta Sports Products with FountainVest Capital.
