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Kontoor Brands, Inc. Completes Sale of Lee Business for $750 million in Cash

Source: Nasdaq

M&A & RestructuringCompany Fundamentals

Kontoor Brands completed the sale of all outstanding shares of its wholly owned subsidiary, The H.D. Lee Company, Inc., to ABG-Storm LLC, an affiliate of Authentic Brands Group, on November 2, 2026. The supplied article text does not state the purchase price or other transaction terms.

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