Bauer seeks fresh money at NYSE

Bauer Performance Sports, the Canadian marketer of teamsports gear, is well on the way to a public offering at the New York Stock Exchange. The group which is publicly traded in Toronto, Canada, aims to raise US$110 million through the new move at Wall Street. Bauer has submitted the necessary files with both the SEC in New York City and the Canadian regulatory authorities. Simultaneously, Bauer intends to increase its standing with a new corporate name. It plans to change its name to Performance Sports Group to reflect that the company’s business involves far more than just the Bauer core brand of ice-hockey gear. As reported previously, Bauer acquired the baseball and softball business from Easton-Bell which is now BRG Sports.

 

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