Macpac may be sold to private equity at a similar price-to-earnings multiple to Briscoe Group's offer for Kathmandu.
Campbell Gibson Tue, 03 Nov 2015
Christchurch-based adventure apparel retailer Macpac may be sold to private equity at a similar price-to-earnings multiple to Briscoe Group's [NZX: BGR] offer for Kathmandu [NZX: KMD].
Macpac has confirmed to NBR that a sales process is under way after cornerstone shareholder and NBR Rich Lister