The Globe and Mail reports in its Tuesday edition that potential private equity buyers appear to be steering clear of Performance Sports Group, clearing the field for a $575-million (U.S.) bid for the company from Sagard Capital Partners LP and Fairfax Financial. The Globe's Christina Pellegrini and Andrew Willis write that bidders have until Wednesday to submit an offer for PSG, which filed for creditor protection in October. A number of private equity firms in Canada and the United States, including Bain Capital LP, as well as domestic pension funds, have taken a look at the company, but most of these potential private equity buyers will not be bidding. If no rival offer emerges, Sagard and Fairfax stand to take control of PSG after making a stalking horse bid in October. PSG has not published audited financial statements since August, 2015, when it released results for the financial year ended May 31. One risk that emerged during the due diligence process is the uncertainty around whether U.S. President Donald Trump will eventually slap a tariff on imported goods. One damper is that there is fierce competition in the sports equipment business and the athletic retailing industry has hit hard times.