Ontario Teachers to sell Helly Hansen for $770 mln

Canadian Tire Corp Ltd said May 10 that it agreed to buy the company that owns and operates the Helly Hansen brands and related businesses for C$985 million ($770 million). Ontario Teachers' Pension Plan is the seller. Helly Hanson, of Oslo, Norway, is a sportswear and workwear brand. Kirkland & Ellis advised OTPP.

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