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BRIEF-Sagard Capital and Fairfax Financial enter "Stalking Horse" Asset Purchase Agreement with Performance Sports

Published 2016-10-31, 08:24 a/m
© Reuters.  BRIEF-Sagard Capital and Fairfax Financial enter "Stalking Horse" Asset Purchase Agreement with Performance Sports

Oct 31 (Reuters) - Sagard Capital Partners

* Sagard capital - upon approval, bidding procedures will provide debtors will pay break-up fee equal to $20.1 million upon consummation of alternate transaction (adds dropped word 'million')

* Press release - sagard capital and fairfax financial enter into "stalking horse" asset purchase agreement with performance sports group for us$575 million

* Sagard capital and fairfax financial enter into "stalking horse" asset purchase agreement with performance sports group for us$575 million

* Sagard capital - 9938982 canada inc, acquisition vehicle to be owned by co, fairfax, entered into asset purchase agreement with performance sports group Source text for Eikon: ID:nPn4GV8cHa

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