Kontoor Brands to sell Lee to Authentic Brands for up to $1 billion
21/05/2026 11:57
May 21 (Reuters) - Kontoor Brands KTB.N on Thursday announced it had signed a definitive agreement to sell the Lee business to Authentic Brands Group in a transaction valued up to $1 billion. (Reporting by Sanskriti Shekhar in Bengaluru) ((Sanskriti.Shekhar@thomsonreuters.com))
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