Potential private equity buyers appear to be steering clear of Performance Sports Group Ltd. (TSX:PSG) clearing the field for a $575-million bid from Fairfax Financial Holdings Limited (TSX:FFH) and Sagard Capital Partners, L.P. The bidders have until January 25, 2016 to submit an offer for PSG. 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, according to sources familiar with the process. However, sources added that most of these potential private equity buyers have decided not to make a bid. If no rival offer emerges, Sagard and Fairfax stand to take control of PSG after making what is known as a stalking horse bid in October 2016.