Bain Capital is seeking to sell luxury parka maker Canada Goose (GOOS), but a formal bidding process hasn’t yet begun, Axios’ Dan Primack writes. Bain holds nearly a 32% stake in Canada Goose, which it took public in 2017, and a majority of voting shares. It hired Goldman Sachs earlier this year to launch an auction, and CNBC last night reported that it had received offers valued at around $1.35B from private equity firms Advent International and Boyu Capital. That report sent Canada Goose shares soaring more than 13% at today’s open, but a source close to the situation says that no actual bids have been submitted yet, the author notes.
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