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Lululemon founder Chip Wilson sells half his shares for $845 million

Lululemon founder Chip Wilson sells half his shares for $845 million

Lululemon Athletica founder Chip Wilson has sold half his stake in the Vancouver-based yoga-wear company for US$845 million to private equity firm Advent International.
Lululemon Athletica founder Chip Wilson has sold half his stake in the Vancouver-based yoga-wear company for US$845 million to private equity firm Advent International.

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Lululemon Founder Chip Wilson to Sell Half His Stake for $845M