Snow Peak says Bain-led management buyout to launch tender offer at 1,250 yen per share (updated)

Snow Peak

20/02/2024 07:43

(Adds valuation of company based on the offer in paragraph 1)
       TOKYO, Feb 20 (Reuters) - Japanese camping goods company
Snow Peak  7816.T  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)
 ((Kantaro.Komiya@thomsonreuters.com; Twitter: @kantarokomiya;))