Maju Samuel on Muck Rack

Maju Samuel

Verified
India
As seen in: Reuters, MSN Canada, Business Insider, HuffPost, USA Today, International Business Times (U.S.), VentureBeat, Autoblog, Global News, Irish Independent, Fox Business and
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Articles

Kontoor Sells Lee Denim to Authentic Brands in $1B Deal

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By Sanskriti Shekhar, Maju Samuel 
| GuruTrade
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 focuses on higher-growth brands such as Wrangler. The deal comprises an initial $750 million payment and a potential $250 ​million earnout tied to future performance under Authentic's ownership, Kontoor said. Shares ​of Kontoor were up 1% in premarket trading.
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Kontoor to sell Lee denim brand to Authentic Brands in up to $1 billion deal

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By Sanskriti Shekhar, Maju Samuel 
| Westlaw Today
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 focuses on higher-growth brands such as Wrangler.
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Wall St banks launch loan sale to refinance Warner Bros' bridge facility

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By Harshita Mary Varghese , Maju Samuel 
| Westlaw Today
May 19 (Reuters) - Wall Street banks led by JPMorgan on Tuesday launched a loan sale tied to Warner Bros Discovery that would help the media company refinance part of its $15 billion bridge facility and cover related fees and expenses.
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