Monday, July 16, 2012
Canada's Teachers' to buy majority stake in Helly Hansen
One of Canada's largest pension funds has agreed to buy a majority stake in Norwegian outdoor clothing brand Helly Hansen from Nordic private equity firm Altor. Photo: Helly HansenThe Ontario Teachers' Pension Plan - better known simply as Teachers' - said on Friday it was buying roughly 75 percent of the Nordic company, which designs and markets high-performance outdoor apparel. The terms of the deal were not disclosed. The pension fund, which is buying the stake through its private equity arm
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