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Business

Vista Outdoor sells Revelyst and The Kinetic Group to two buyers for 3.5 billion dollars

Outdoor sports products manufacturer Vista Outdoor has secured two deals to offload performance gear brand Revelyst and its ammunition business, the Kinetic Group, following a long-winded bidding battle. For Revelyst, Vista Outdoor has entered into a definitive agreement with funds managed by Strategic Value Partners, LLC, (SVP) and its...

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