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Old PSG Wind-down Ltd. (formerly, Performance Sports Group Ltd.) Provides Restructuring Process Update

2017-07-19 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 18, 2017) - Old PSG Wind-down Ltd. (formerly known as Performance Sports Group Ltd.) (the "Company") today announced that it has obtained approval from the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice (Commercial List) of a stipulation (the "Stipulation") to finalize a purchase price adjustment in accordance with the terms of the previously disclosed asset purchase agreement, as amended, among the parties thereto.

Old PSG Wind-down Ltd. (formerly, Performance Sports Group Ltd.) Enters into Stipulation with Bybrook Capital LLP

2017-07-12 marketwired
EXETER, NEW HAMPSHIRE--(Marketwired - July 12, 2017) - As previously announced, Old PSG Wind-down Ltd. (formerly known as Performance Sports Group Ltd.) ("PSG") and certain of its affiliates (collectively, the "Company") filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Court") for relief under Chapter 11 ("Chapter 11") of the United States Bankruptcy Code, as amended on October 31, 2016.

Messier looking for ways to get kids back into the game of hockey

2017-05-17 winnipegfreepress
By: Neil Davidson, The Canadian Press Posted: 05/17/2017 12:40 PM | Last Modified: 05/17/2017 12:41 PM | Comments:

Roustan Capital Acquires TORSPO and CHRISTIAN Authentic & Iconic Global Hockey Brands

2017-05-08 marketwired
W. Graeme Roustan, Chairman and CEO of Roustan Capital (Roustan.com), today announced the acquisition of Supreme Brands L.L.C. (SupremeBrands.com), owner of both TORSPO (Torspo.com) and CHRISTIAN (ChristianHockey.com), two authentic and iconic global hockey brands.

Sports Direct's £78m move into US retail stuns analysts | Business | The Guardian

2017-04-21 theguardian
Troubled chain’s purchase of 50 stores from Eastern Outfitters draws fire from pundits who say foray is badly timed distraction from domestic woes

UPDATE 1-UK's Sports Direct strikes deal to enter U.S. market

2017-04-21 reuters
LONDON, April 21 British sportswear retailer Sports Direct has entered the U.S. market by buying 50 stores trading as Bob's Stores and Eastern Mountain Sports at a cost of $101 million, it said on Friday.

Brookfield Capital Partners Ltd. Discloses Decrease in Ownership of Common Shares of Old PSG Wind-Down Ltd. (Formerly Performance Sports Group Ltd.)

2017-04-05 marketwired
BROOKFIELD, NEWS--(Marketwired - April 5, 2017) - Brookfield Capital Partners Ltd. ("BCP") announced that, between March 30, 2017 and April 4, 2017, 251091708 Delaware LP (the "Acquiror"), a Delaware limited partnership indirectly controlled by BCP, disposed of ownership of a total of 3,240,893 common shares (the "Sold Shares") of Old PSG Wind-down Ltd. (formerly Performance Sports Group Ltd.) (the "Company"), representing approximately 7.

Old PSG Wind-down Ltd. (formerly, Performance Sports Group Ltd.) Announces Resignation of KPMG LLP

2017-04-01 marketwired
EXETER, NEW HAMPSHIRE--(Marketwired - March 31, 2017) - Old PSG Wind-down Ltd. (formerly, Performance Sports Group Ltd.) (the "Company"), today announced that it has filed a current report on Form 8-K in connection with the notification by KPMG LLP ("KPMG") of its resignation as the Company's independent auditor and notification pursuant to Section 10A of the U.S. Securities Exchange Act.

Performance Sports Group Ltd. Announces Name Change to Old PSG Wind-down Ltd.

2017-03-21 marketwired
EXETER, NEW HAMPSHIRE--(Marketwired - March 21, 2017) - Old PSG Wind-down Ltd. (the "Company"), today announced that the Company has changed its name from "Performance Sports Group Ltd." to "Old PSG Wind-down Ltd." as required in accordance with, and pursuant to, the terms and conditions of the Asset Purchase Agreement, dated October 31, 2016, as amended, by and among the Company, subsidiaries of the Company party thereto, an acquisition vehicle co-owned by affiliates of Sagard Holdings Inc.

Gibraltar Industries: Not Quite A Short Candidate - But That Could Change

2017-03-08 seekingalpha
There's an argument that ROCK has overshot the benefits of an impressive turnaround, an argument that seems to gain some steam out of a mildly disappointing Q4.

Group Led by Sagard and Fairfax Financial Completes Acquisition of Substantially all the Assets of Performance Sports Group

2017-03-02 prnewswire
NEW YORK, March 1, 2017 /PRNewswire/ - Sagard Capital Partners, L.P. and certain of its affiliates (collectively, "Sagard Capital") announce that 9938982 Canada Inc. (the "Purchaser"), an acquisition vehicle co-owned by Sagard Capital and Fairfax Financial Holdings Limited ("Fairfax Financial"), has completed the purchase of substantially all the assets of Performance Sports Group Ltd. (the "Issuer") and its North American subsidiaries (the "Debtors"), including its European and global operations, for a base purchase price of U.

Performance Sports Group Provides Sale Transaction And Regulatory Updates

2017-02-23 prnewswire
EXETER, N.H., Feb. 22, 2017 /PRNewswire/ -- Performance Sports Group Ltd. ("Performance Sports Group" or the "Company"), a leading developer and manufacturer of high performance sports equipment and apparel, today announced that after consideration and consultation with its professional advisors and Sagard Holdings Inc. and Fairfax Financial Holdings Limited, the Company has agreed to extend the closing date to February 27, 2017 for the sale of substantially all of the assets of the Company and its North American subsidiaries.

BRIEF-Performance Sports reaches settlement with Q30 Sports

2017-02-11 reuters
* Performance Sports Group - settlement with Q30 sports LLC to obtain Q30 Sports' consent to assignment of a license and related agreements

Performance Sports Group Reaches Settlement With Q30 Sports

2017-02-11 prnewswire
EXETER, N.H., Feb. 10, 2017 /PRNewswire/ -- Performance Sports Group Ltd. (OTC: PSGLQ) ("Performance Sports Group" or the "Company"), a leading developer and manufacturer of high performance sports equipment and apparel, today announced that it has reached a settlement with Q30 Sports, LLC to obtain Q30 Sports' consent to the assignment of a license and related agreements to an acquisition vehicle co-owned by affiliates of Sagard Holdings Inc.

Sagard Capital Announces that Performance Sports Group Receives Court Approval of Sale of Substantially All of its Assets to Investor Group Led by Sagard and Fairfax Financial

2017-02-07 prnewswire
NEW YORK, Feb. 6, 2017 /PRNewswire/ - Sagard Capital Partners, L.P. and certain of its affiliates (collectively, "Sagard Capital") issue this press release pursuant to applicable requirements of Canadian securities laws to announce that Performance Sports Group Ltd. (the "Issuer") has disclosed in its press release dated February 6, 2017 that (i) the Issuer has obtained Court approval for the sale of substantially all of the assets of the Issuer and its North American subsidiaries to 9938982 Canada Inc.

Morning News Call - India, February 7

2017-02-07 reuters
TOKYO, Feb 7 Japan's Nikkei share average dropped to a two-week low on Tuesday morning after global stocks fell and a stronger yen hurt overall sentiment, while Toyota Motor underperformed the market following a worse-than-expected earnings forecast.

BRIEF-Citibank (China) receives type A bond settlement agent license from People'S Bank of China

2017-02-07 reuters
* received type A bond settlement agent license from people's bank of China to act as bond settlement agent in China interbank bond market Further company coverage:

BRIEF-Performance Sports Group receives court approval of sale of all of its assets

2017-02-07 reuters
* Performance Sports Group receives court approval of sale of substantially all of its assets to investor group led by Sagard and Fairfax Financial

Performance Sports Group Receives Court Approval Of Sale Of Substantially All Of Its Assets To Investor Group Led By Sagard And Fairfax Financial

2017-02-07 prnewswire
EXETER, N.H., Feb. 6, 2017 /PRNewswire/ -- Performance Sports Group Ltd. (OTC: PSGLQ) ("Performance Sports Group" or the "Company"), a leading developer and manufacturer of high performance sports equipment and apparel, today announced that it has obtained the approval of the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice (together, the "Courts") for the sale of substantially all of the assets of the Company and its North American subsidiaries to an acquisition vehicle co-owned by affiliates of Sagard Holdings Inc.

Sports Direct in talks to bid for Bob's, Eastern Mountain Sports -sources

2017-02-02 reuters
British sporting goods company Sports Direct International Plc is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, people familiar with the matter said.

Canadian investors’ $575M bid for maker of Bauer hockey gear gets no opposition

2017-01-27 thestar
The sports equipment maker says it will seek court approvals to sell most of its assets to two of Canada’s largest financial groups.

Bauer and Easton owner sold to Fairfax and Sagard Capital for $575M

2017-01-26 cbc.ca
Performance Sports Group, the sports apparel company that owns Bauer and Easton, has struck a deal to sell itself to its largest investor Sagard Capital, and Toronto-based investment fund Fairfax Financial for $575 million after no other offers to buy the company emerged during a sale process.

Power-Fairfax team's US$575M bid for Performance Sports gets no opposition

2017-01-26 winnipegfreepress
EXETER, N.H. - The maker of Bauer hockey skates and other sports equipment says it will seek court approvals to sell most of its assets for US$575 million to two of Canada's largest financial groups after it failed to attract any rival bidders.

With no new bids, Performance Sports to sell assets to Sagard, Fairfax

2017-01-26 reuters
Performance Sports Group Ltd said on Thursday it would seek approval from a U.S. bankruptcy court for the sale of its assets to Sagard Capital Partners LP and Fairfax Financial Holdings Ltd (FFH.TO), after it failed to attract other bids.

Beacon Roofing Supply: The Strategy Is Working, But The Price Reflects That

2017-01-18 seekingalpha
Unlike many other roll-ups of late, BECN has done rather well, in terms of both fundamentals and its share price.