Sweaty Betty acquired by US firm Wolverine in $410m deal

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Sweaty Betty has been purchased by US footwear manufacturer Wolverine Worldwide and will join the company’s portfolio of footwear and lifestyle brands, including Hush Puppies and Keds.

Wolverine Worldwide agreed the all-cash deal to acquire Sweaty Betty for $410m (£295m) from private equity firm L Catterton and other shareholders on August 2.

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