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Minnesota powersports vehicle maker Polaris is selling its Indian Motorcycle business to a California private equity firm. Terms of the deal have not yet been released, but Polaris is expected to ...
What To Know: Polaris entered into a definitive agreement to sell a majority stake in Indian Motorcycle to independent private equity firm Carolwood LP. The transaction, which is expected to close in ...
Polaris (NYSE:PII) extended its rally on Tuesday as investors digested the announcement of the sale of a majority stake of Indian Motorcycles to Carolwood LP and a guidance update. Following the ...
Separating its Indian Motorcycle business should be immediately accretive to Polaris. Indian sales represented about 7% over the 12 months ended June 30. Investors cheered the news for several reasons ...
Shares of off-Road and powersports vehicle corporation Polaris (NYSE:PII) jumped 9.4% in the morning session after the company announced plans to sell a majority stake in its Indian Motorcycle brand ...
Oct 14 (Reuters) - Shares of Polaris (PII.N), opens new tab rose more than 9% on Tuesday after the power-sports vehicle maker said it would spin off its Indian Motorcycle unit and forecast a ...
The moribund American motorcycle business just got a shot in the arm. Monday afternoon, powersports-equipment manufacturer Polaris announced plans to separate its Indian Motorcycle business into a ...
Oct 13 (Reuters) - Power-sports vehicle maker Polaris (PII.N), opens new tab said on Monday it would separate Indian Motorcycle into a standalone company and sell a majority stake of the business to ...