August 13, 2018 / 10:13 AM / 2 years ago

Lee, Wrangler owner VF Corp to spin off jeans business

Aug 13 (Reuters) - VF Corp said on Monday it would spin off its jeans business, which includes the Lee and Wrangler brands, into an independent publicly traded company.

The transaction will be structured as a tax-free spin-off to VF’s shareholders. (Reporting by Uday Sampath in Bengaluru; Editing by Sai Sachin Ravikumar)

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