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Slide #62. HanesBrands — Maidenform Brands
Acquirer:
HanesBrands (NYSE:HBI)
Acquiree:
Maidenform Brands
Details:
HanesBrands (NYSE:HBI), a leading marketer of everyday basic apparel under world-class brands, today announced that it has closed the acquisition of Maidenform Brands, Inc., for approximately $583 million.
Hanesbrands is a marketer of basic innerwear and activewear apparel in the Americas, Australasia, Europe and Asia under some of the apparel brands, including Hanes, Champion, Bonds, Bali, Maidenform, Playtex, Bras N Things, JMS/Just My Size, Alternative, Berlei, Wonderbra, Gear for Sports and Comfortwash. Co. has three operating segments: Innerwear, which includes primary apparel products, such as men's underwear, women's panties, children's underwear and socks and intimate apparel; Activewear, which includes activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals; and International, which includes innerwear, activewear and home goods products.
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Hold (1.67 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: HBI Stock Forecast Based on Zacks ABR data; powered by Xignite |