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

Canada Goose Holdings

27/08/2025 17:39

Updates

** U.S.-listed shares of Canada Goose GOOS.TO, GOOS.N rise as much as 17.7% to $14.32, set for best day in three months, if gains hold

** U.S.-listed shares and Toronto-listed shares of co up 13.2% and 14.4%, respectively, around noon

** Canada Goose'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

** U.S. 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 interested parties did not immediately respond to Reuters' requests for comment, while 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 and Neil J Kanatt)

 ((medha.singh@thomsonreuters.com))