May 10, 2018 / 10:11 AM / 18 days ago

Canadian Tire to buy sportswear brand Helly Hansen in C$985 mln deal

May 10 (Reuters) - Retailer Canadian Tire Corp said on Thursday it would buy Norway-based sportswear and work-wear brand Helly Hansen for C$985 million including debt.

Canadian Tire will purchase the business from a company controlled by the Ontario Teachers’ Pension Plan. (Reporting by Akshara P in Bengaluru; Editing by Sai Sachin Ravikumar)

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