Canada Goose ADRs jump after report of take-private bids at $1.4 billion valuation

Canada Goose Holdings

27/08/2025 09:49

** U.S.-listed shares of Canada Goose's GOOS.TO, GOOS.N rise 8.9% to $13.25 premarket

** The luxury goods maker's controlling shareholder Bain Capital has received bids to take the luxury goods maker private at a valuation of about $1.4 billion, CNBC reports

** Stock has risen 21.3% YTD and closed at a valuation of $1.18 billion on Tuesday

** Private equity firm Bain, which acquired Canada Goose in 2013, is looking to offload its holding, per report

** Reuters could not immediately verify the report. Canada Goose and the interested parties did not immediately respond to Reuters requests for comment. Bain declined to comment

** In late July, GOOS posted a bigger-than-expected quarterly loss, hit by higher costs from efforts to expand its retail presence and promotional campaigns

(Reporting by Medha Singh)

((medha.singh@thomsonreuters.com))