Brief: Clarus Acquires Tred Outdoors, A Fast-Growing Outdoor Adventure Brand

Clarus

10/10/2023 13:04

Oct 10 (Reuters) - Clarus Corp  CLAR.O :
    * CLARUS ACQUIRES TRED OUTDOORS, A FAST-GROWING OUTDOOR
ADVENTURE
BRAND
    * CLARUS CORP - ACQUISITION EXPECTED TO BE IMMEDIATELY
ACCRETIVE
    * CLARUS CORP - TERMS OF TRANSACTION WERE NOT DISCLOSED
    * CLARUS CORP - TRANSACTION INCLUDES A COMBINATION OF CASH,
STOCK
AND FUTURE CONSIDERATION BASED ON TRED'S PERFORMANCE

Source text for Eikon:  ID:nGNX4VsGYc 
Further company coverage:  CLAR.O 

 ((Reuters.Briefs@thomsonreuters.com))