We started off the week with Camp Chef parent, Vista Outdoor, receiving an increased offer from CSG to sell off their Sporting Products division. While that seemed like where their sale was heading, MNC has made another effort to change the course.
CFIUS Approval
A big hurdle standing in the way of Vista Outdoor selling to CSG was approval from the Committee on Foreign Investment in the United States (CFIUS). Vista was confident they’d receive approval, but at the same time there was some public statements from government officials disagreeing with the sale.