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Kontoor Brands Completes Sale of Lee Business

Kontoor Brands completed the sale of its Lee business to Authentic Brands Group. The release provided no sale price or other financial terms.

KTB
SquawkNews Desk

Kontoor Brands completed the sale of its Lee business to Authentic Brands Group. The release provides no sale price or other financial terms.Material DetailsContext by AI AnalystThis completes a portfolio divestiture, but the release does not provide transaction terms or quantify its effect on Kont…

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