Snow Peak will go private to rebuild its businesses, the company said.
($1 = 150.3300 yen)
(Reporting by Kantaro Komiya and Anton Bridge; Editing by Tom Hogue)
TOKYO (Reuters) - Japanese camping goods company Snow Peak on Tuesday said a group led by Bain Capital will launch a tender offer for its shares at 1,250 yen ($8.31) apiece in a management buyout that values the company at 47 billion yen ($313 million).
Snow Peak will go private to rebuild its businesses, the company said.
($1 = 150.3300 yen)
(Reporting by Kantaro Komiya and Anton Bridge; Editing by Tom Hogue)
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Change
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5d. change
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Capi.
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1,242 JPY | -0.32% | -0.24% | 299M | ||
2,686 PTS | +0.86% | +2.29% | - | ||