Bain Considering Sale of Remaining Stake in Canada Goose Holdings

Bain Capital is considering selling its remaining stake in Canada Goose Holdings Inc., with talks to bankers underway. The private equity firm holds about 30.8 million shares, or 55.5% of the voting power, and is weighing options for selling some or all of its stake. The company's stock price rose 4.1% to $13.46 on the news. Canada Goose was founded by Sam Tick and has grown into a luxury outerwear brand with a market capitalization of $1.3 billion.