TITLE

Nike Divests Bauer Hockey in $200 Million Deal

AUTHOR(S)
Kerrigan, Andy
PUB. DATE
March 2008
SOURCE
SGB;Mar2008, Vol. 41 Issue 3, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the business plans of Nike Inc. It is stated that Nike Inc. has reached an agreement to sell its Bauer Hockey subsidiary to an investor group led by Kohlberg & Co. and Canadian businessman W. Graeme Roustan. The deal is valued at $200 million, and Nike expects the cash transaction to be completed before the end of its fiscal year ended May 2008.
ACCESSION #
31470776

 

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