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Dow Jones Reports Lululemon Founder Exploring PE Buyout, According to Sources

Courtesy of Benzinga.

Lululemon Athletica’s (NASDAQ: LULU) founder Dennis Wilson, is exploring options, including a potential sale of the company to private equity, reports Dow Jones. Wilson’s advisers have been reaching out to pe firms, including Leonard Green & Partners to gauge interest for a potential deal, according to sources.

Dow Jones reported on June 22, that Wilson had hired Goldman Sachs as an adviser.

Posted-In: Dow JonesNews Rumors Management M&A Movers

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