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Kontoor Brands sells Lee denim to Authentic Brands for $1B
The deal includes an initial $750 million payment and a $250 million earnout tied to Lee's future performance under Authentic's ownership
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morningstar.com
Authentic Brands Group Signs Definitive Agreement to Acquire Lee®
Authentic Brands Group Signs Definitive Agreement to Acquire Lee®
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wwd.com
Authentic Brands Group to Acquire Lee in a Deal Valued at Up to $1 Billion
The new owner will transition the brand to a licensed model when the deal closes in the second half.
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qz.com
Kontoor Brands sells Lee denim to Authentic Brands for $1B
The deal includes an initial $750 million payment and a $250 million earnout tied to Lee's future performance under Authentic's ownership
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benzinga.com
Why Is Kontoor Brands Stock Soaring Thursday? - Kontoor Brands (NYSE:KTB)
Kontoor Brands (KTB) is selling its Lee business to Authentic Brands Group for up to $1B to focus on Wrangler and growth.
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36kr.com
Authentic Brands Group将收购牛仔品牌Lee-36氪
全球品牌与娱乐平台Authentic Brands Group宣布与Kontoor Brands,Inc.达成收购协议，将收购牛仔品牌Lee。包括监管部门批准等流程，收购预计将于2026下半年完成。目前Lee年零售额约为15亿美元，其中近四成来自北美以外的地区。（界面）