Tuesday, 02 January 2024 12:17 GMT

Canadian Tire Corporation, Limited


(MENAFN- Baystreet) 11:27 AM EST - Canadian Tire Corporation, Limited : Announced that it has signed a definitive agreement to sell its Helly Hansen business to Kontoor Brands, Inc. for total gross proceeds of $1,276 million, subject to closing adjustments. The transaction reflects CTC's increasing focus on its Canadian retail portfolio. Canadian Tire Corporation, Limited shares T.A are trading up $6.00 at $146.00.

MENAFN20022025000212011056ID1109228306



Baystreet.ca

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search