Associated tags: CSG, Czechoslovak Group, Banking, Vista Outdoor, Hunting, Peak Sport Products, Clifford Chance, Federal, History, CCI, Cravath, Swaine & Moore, Business projects of Donald Trump in Russia, Daisy Outdoor Products, Morgan Stanley, Fiocchi Munizioni, Interim, EBITDA, Contracts, Aerospace, Professional Services
Locations: CZECH REPUBLIC, EUROPE, SPAIN, UKRAINE, RUSSIA, UNITED STATES, NORTH AMERICA, ARKANSAS, MISSOURI, REMINGTON, CHINA
Contracts,
Defense,
Military,
Kinetic Group,
Vista Outdoor,
General Dynamics Land Systems,
Sale,
Army,
CSG,
Treasury,
Raytheon Technologies,
Nonsense,
History,
Vladimir Putin,
General Dynamics,
Acquisition,
Afghan Army,
Mining,
Government,
Czechoslovak Group,
Letter,
FMG,
CFIUS,
Arms industry Vance (R-OH) addressing concerns he raised in a letter to U.S. Treasury Secretary Janet Yellen in connection to CSG’s proposed acquisition of Vista Outdoor Inc.’s (NYSE: VSTO) (“Vista Outdoor”) Sporting Products business – recently renamed The Kinetic Group.
Key Points:
- Vance (R-OH) addressing concerns he raised in a letter to U.S. Treasury Secretary Janet Yellen in connection to CSG’s proposed acquisition of Vista Outdoor Inc.’s (NYSE: VSTO) (“Vista Outdoor”) Sporting Products business – recently renamed The Kinetic Group.
- The full text of the letter can be found below:
In January, you sent a letter to Treasury Secretary Janet Yellen expressing your concerns about the proposed sale of The Kinetic Group, formerly Vista Outdoor’s Sporting Products business, to our company, The Czechoslovak Group (“CSG”).
- In your letter, you claimed that CSG is a company with a long record of wrongdoing and well-documented connections to American adversaries.
- That's why we invite you to visit CSG member companies in the U.S. and Europe to experience first-hand who we really are.
Defense,
Aerospace,
Manufacturing,
Military,
Government Technology,
Other Defense,
Contracts,
Kinetic,
Firearm,
Vista Outdoor,
Growth,
CFIUS,
Czechoslovak Group,
JPMorgan Chase,
Committee,
Acquisition,
CCI,
Foreign investment,
Kinetic Group,
Fiocchi Munizioni,
Plant,
CSG,
Hart–Scott–Rodino Antitrust Improvements Act,
Federal,
Federal Trade Commission CSG also highlighted the benefits of its planned Acquisition:
Key Points:
- CSG also highlighted the benefits of its planned Acquisition:
“CSG is a leading industrial technology company operating across strategic business segments including defense, aerospace, ammunition and mobility.
- We look forward to successfully closing the Acquisition of The Kinetic Group and becoming the steward of such venerable American brands as Federal, CCI and Remington.
- CSG understands the special importance to American consumers of the brands that are part of The Kinetic Group.
- Working alongside Vista Outdoor, we are actively engaged in the process and believe we will secure all required approvals.
Banking,
Contracts,
Professional Services,
Law Enforcement,
Emergency Services,
Technology,
Defense,
Other Manufacturing,
Finance,
Aerospace,
Other Technology,
Manufacturing,
Public Policy,
Government,
Investment,
Mobility,
NYSE,
Acquisition,
LLP,
Remington,
EBITDA,
Vista Outdoor,
CSG,
Interim,
Fiocchi Munizioni,
Morgan Stanley,
Czechoslovak Group,
Daisy Outdoor Products,
Business projects of Donald Trump in Russia,
Cravath, Swaine & Moore,
CCI,
History,
Federal,
Clifford Chance,
Peak Sport Products,
Hunting,
Speer The Czechoslovak Group (“CSG”) announced today that it has entered into a definitive agreement to acquire Vista Outdoor Inc.’s (NYSE: VSTO) (“Vista Outdoor”) Sporting Products business for a total consideration of $1.91 billion, valuing the business at approximately 5x Fiscal Year 2024E EBITDA, including estimated standalone costs.
Key Points:
- The Czechoslovak Group (“CSG”) announced today that it has entered into a definitive agreement to acquire Vista Outdoor Inc.’s (NYSE: VSTO) (“Vista Outdoor”) Sporting Products business for a total consideration of $1.91 billion, valuing the business at approximately 5x Fiscal Year 2024E EBITDA, including estimated standalone costs.
- CSG will partner with the existing management to pursue the continued growth path envisaged for the Sporting Products business over the coming years.
- Headquartered in Anoka, Minnesota, Vista Outdoor’s Sporting Products business is a leading ammunition manufacturer in the U.S. commercial and law enforcement markets.
- Jason Vanderbrink will remain CEO of the Sporting Products business and the U.S. headquarters will remain in Anoka, Minnesota.
I am asking all media organization that re-published one or both of these Chris Yurko articlesto take them down too and to publish the explanation by the RCD editor as to why:
Key Points:
- I am asking all media organization that re-published one or both of these Chris Yurko articlesto take them down too and to publish the explanation by the RCD editor as to why:
"This article have been removed from our website over concerns regarding the authenticity of the article's author.
- We take the authenticity of our authors and their content seriously and will continue to do so in the future."
- --Editor of Real Clear Defense, May 21, 2018
I also ask that the anti-CSG innuendo in this apparently fake Yurko article be disregarded since its credibility has been destroyed not only because of the absence of facts but because the author is apparently fake.
- We suspect there is another author hiding his or her identity with an anti-CSG hidden agenda behind these articles and we are looking into that issue.
I am asking all media organization that re-published one or both of these Chris Yurko articlesto take them down too and to publish the explanation by the RCD editor as to why:
Key Points:
- I am asking all media organization that re-published one or both of these Chris Yurko articlesto take them down too and to publish the explanation by the RCD editor as to why:
"This article have been removed from our website over concerns regarding the authenticity of the article's author.
- We take the authenticity of our authors and their content seriously and will continue to do so in the future."
- --Editor of Real Clear Defense, May 21, 2018
I also ask that the anti-CSG innuendo in this apparently fake Yurko article be disregarded since its credibility has been destroyed not only because of the absence of facts but because the author is apparently fake.
- We suspect there is another author hiding his or her identity with an anti-CSG hidden agenda behind these articles and we are looking into that issue.
Both influential Americans were invited to Prague by industrial holding CZECHOSLOVAK GROUP (CSG) in cooperation with CEVRO University.
Key Points:
- Both influential Americans were invited to Prague by industrial holding CZECHOSLOVAK GROUP (CSG) in cooperation with CEVRO University.
- The title of Tuesdays debate between Bannon and Davis moderated by Alexandr Vondra is: "What the heck is going on in America?"
- On Monday before next days debate both Americans will visit several strategic Czech industrial companies of the Czechoslovak Group.
- CEVRO Institute is a private college based in Prague, Czech Republic offering undergraduate, graduate and post-graduate programs, many unique.
