Snow Peak says Bain-led management buyout to launch tender offer at 1,250 yen per share

TOKYO (Reuters) – Japanese camping goods company Snow Peak on Tuesday said a group led by Bain Capital will launch a tender offer for its shares at 1,250 yen ($8.31) apiece in a management buyout that values the company at 47 billion yen ($313 million).

Snow Peak will go private to rebuild its businesses, the company said.

($1 = 150.3300 yen)

(Reporting by Kantaro Komiya and Anton Bridge; Editing by Tom Hogue)