Kontoor Brands to acquire outdoor brand Helly Hansen

Canadian Tire Selling Helly Hansen to Kontoor Brands for C$1.28 Billion
Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as the Canadian retailer tightens its focus on its home market.
Canadian Tire signs deal to sell Helly Hansen to Kontoor Brands for $1.3 billion
Canadian Tire Corp. Ltd. says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several clothing brands.
Canadian Tire agrees to sell Helly Hansen for nearly $1.3 billion
Canadian Tire Corp. Ltd. has reached an agreement to sell Helly Hansen to US-based Kontoor Brands in a deal valued at nearly $1.3bn, according to BNN Bloomberg. The company stated that this decision allows it to concentrate on its Canadian retail operations while delivering value to shareholders.
Kontoor agrees to buy outdoor brand Helly Hansen for around $900m
Kontoor Brands, owner of denim giants Wrangler and Lee, is expanding its portfolio with the addition of global outdoor and workwear brand, Helly Hansen.
Kontoor Makes Helly Hansen Its First Acquisition for $900 Million
Kontoor CEO Scott Baxter says Helly Hansen focuses on the Wrangler and Lee owner's top expansion categories in outdoor and workwear.
Kontoor Brands to Acquire Helly Hansen for $900 Million
The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash flow for Kontoor, the owner of the Wrangler and Lee brands, while furthering its reach in the outdoor and workwear market.
Canadian Tire sells iconic Helly Hansen brand to U.S. company
Canadian Tire is selling activewear brand Helly Hansen to Kontoor Brands — the U.S. owner of Wrangler jeans — for $1.3 billion.
Canadian Tire selling Helly Hansen activewear brand for nearly $1.3-billion
Retailer plans to use the proceeds to pay down debt, to buy back shares and to invest in its stores amid ‘market uncertainty’
Kontoor Brands to acquire outdoor brand Helly Hansen for $1.27bn
North Carolina-based Kontoor Brands, the parent company of lifestyle apparel brands Wrangler and Lee, has entered a definitive agreement to acquire global outdoor and workwear brand Helly Hansen. The acquisition from Canadian Tire will see Kontoor Brands taking over 100% ownership of Helly Hansen for total gross proceeds of $1.
We wanted outdoor and workwear company, Helly Hansen is both, says Kontoor Brands CEO
Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen, international business, and more.
Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation concerns persist. Read more on KTB here.
Reuters4d
Canadian Tire to sell Helly Hansen business to Kontoor Brands for $901 million
Feb 19 (Reuters) - Canadian Tire (CTCa.TO), opens new tab said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands (KTB.N), opens new tab for C$1.28 billion ...
Canadian Tire (TSE:CTC) Sells Off Helly Hansen Brand
Canadian retail giant Canadian Tire (TSE:CTC) made news just days ago for responding to the potential incoming tariffs on Canadian goods. Now, ...