Deal snapshot: Vista Outdoor to Acquire Simms Fishing Products for USD 192m.

MANews-(C)2009-2022

Minnesota, US-based sporting and outdoor products manufacturer Vista Outdoor Inc. (NYSE: VSTO) has acquired Montana-based fishing brand Simms Fishing Products for USD 192.5m, the company said.

The gross purchase price includes a net present value of roughly USD 20m in future tax benefits. Simms grew net sales by a compound...

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