The former chairman of Performance Sports Group Ltd, Graeme Roustan, said that he has hired investment banks Jefferies Group LLC and Canaccord Genuity to explore a possible bid for the troubled maker of hockey gear, Reuters reported yesterday. He disclosed his plans after Reuters reported on Tuesday that the sporting equipment maker has hired investment bank Centerview Partners Holdings LLC to help it negotiate with lenders to avoid defaulting on its loans. Roustan said he believes he can turn around the money-losing company, which is under investigation by securities regulators in the U.S. and Canada. The company is conducting an internal investigation into its accounting practices, which has delayed the release of its annual report.
