Sept 7 (Reuters) - Investment firm MNC Capital said on

Saturday that it has increased its all cash buyout offer for

Vista Outdoor ( VSTO ) to $43 per share from $42.

The offer values Vista at $2.51 billion, and represents

a 12.30% premium over Vista's last closing price of $38.29 on

Friday, according to Reuters calculation and LSEG data.

The U.S. firm said it had sent a letter to Vista on Friday

stating, "MNC is now prepared to offer an increased all-cash

purchase price of $43.00 per share for Vista, despite

substantial market headwinds for consumer spending and softness

in Vista's recent quarterly results."

Vista previously rejected the investment firm's buyout offer

of $3.2 billion stating that it undervalued the company.

The latest development adds to the months-long saga for

the parent of Federal Ammunition and Remington Ammunition

against the backdrop of rising demand for military supplies

since the escalation of the Russia-Ukraine conflict in 2022.