May 21 (Reuters) - Kontoor Brands said on ⁠Thursday ⁠it had agreed to ⁠sell its Lee denim brand for up to $1 billion to Authentic Brands Group, as the apparel maker streamlines its operations ‌and ...

Kontoor Brands agreed to sell its Lee denim brand to Authentic Brands Group in a transaction valued at up to $1 billion, the companies said on Thursday. Under the terms of the agreement, Reuters ...

Kontoor Brands (KTB) announced on Thursday that it struck a deal to sell the Lee business to Authentic Brands Group for up to $1B, including an initial transaction value of $750M and a $250M earnout ...

Kontoor Brands, Inc. (NYSE: KTB) today announced it has signed a definitive agreement to sell the Lee® business to Authentic Brands Group (Authentic) for up to $1 billion, including an initial ...

Denim maker Lee has been sold in a deal worth up to $1 billion after its current owner decided it no longer wanted to invest in the brand. On Thursday, the Authentic Brands Group announced it planned ...

Kontoor Brands of Greensboro announced this morning that it has signed a definitive agreement to sell its Lee business to Authentic Brands Group in a deal worth at least $750 million that could grow ...

GREENSBORO, N.C. — The Greensboro-based Kontoor Brands, Inc. announced the sale of Lee to Authentic Brands Group in a $1 billion deal on Thursday, May 21. The total cost comes from a $750 million ...

Kontoor Brands KTB6.08%increase; up pointing triangle agreed to sell its Lee denim and casual apparel business to Authentic Brands in a deal that could eventually be worth $1 billion. The sale is ...