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Wednesday, June 25, 2014

BRIEF-Sun European Partners to sell DBApparel to Hanesbrands for 400 million euros, (NYSE: HBI)

Sun European Partners * An affiliate of sun european partners, llp intends to sell dbapparel to hanesbrands inc for an enterprise value of 400m. Further company coverage:

Hanesbrands Inc. is a consumer goods company with a portfolio of apparel brands, including Hanes, Champion, Bali, Playtex, Just My Size, L?eggs, barely there, Wonderbra, Gear for Sports, Stedman, Zorba, Rinbros, Sol y Oro, Outer Banks and Duofold. Shares of HBI traded higher by 0.39% or $0.34/share to $88.54. In the past year, the shares have traded as low as $50.50 and as high as $89.57. On average, 824322 shares of HBI exchange hands on a given day and today's volume is recorded at 619569.