Canadian Tire to sell Helly Hansen business to Kontoor Brands for $901 million

Kontoor Brands

19/02/2025 11:38

Feb 19 (Reuters) - Canadian Tire  CTCa.TO  said on
Wednesday that it would sell its Helly Hansen business to
Kontoor Brands  KTB.N  for C$1.28 billion ($901.2 million).
 
 ($1 = 1.4203 Canadian dollars)

 (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by
Savio D'Souza)
 ((AnujaBharat.Mistry@thomsonreuters.com;))