Vista Outdoor Reviews Strategic Options, Including Potential Sales

Board considers selling Revelyst and Kinetic Group amid competing bids from CSG and MNC Capital

Vista Outdoor is evaluating selling its outdoor gear unit, Revelyst, and its ammunition business, Kinetic Group.
Czechoslovak Group (CSG) has bid $2.2 billion for Kinetic Group and is exploring acquiring Revelyst.
MNC Capital is expected to raise its $3.2 billion buyout offer for the entire Vista Outdoor company.
Shareholders' decision on the CSG deal has been postponed to September 13, 2024.
Vista Outdoor aims to maximize value for shareholders through these strategic reviews.