×
191
Fashion Jobs
LEVI'S
Associate Sap Ptp Business Analyst
Permanent · Bengaluru
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager For Gold Loan - Chennai
Permanent · Chennai
DR MEDITECH SURGICAL AND DIAGNOSTICS INDIA PVT LTD
Production Executive / Production Manager (Biochemistry & Hematology
Permanent · National Capital Region
SAMSARA SHIPPING PVT LTD
Sales Manager
Permanent · Pune
INFEXN LABORATORIES PRIVATE LIMITED
Medical Representative/ Area Sales Manager
Permanent · Navi Mumbai
ELLIOTT MOSS
IT Sales Manager
Permanent · Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur gt
Permanent · Kota
IGENETIC DIAGNOSTICS /HEALTH MAP DIAGNOSTIC PVT LTD
Area Sales Manager/Territory Manager
Permanent · Pune
RANDSTAD INDIA PVT LTD
Market Development Manager - Horeca Sales
Permanent · National Capital Region
SHREE HR SERVICES
Retail Sales Executive
Permanent · Varanasi
PEP TECHNOLOGIES PRIVATE LIMITED
Area Sales Executive / Area Sales Manager (Only From Skin Care)
Permanent · Bengaluru
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
WHITEHAT JR
Sales Manager India
Permanent · Faridabad
VIJAYA ENGINEERING WORKS
Production Manager
Permanent · Hosur
REFLECTOSAFE
Area Sales Manager - Delhi
Permanent · National Capital Region
R AND R SALONS PRIVATE LIMITED
Requirement of Area Manager
Permanent · Bengaluru
REFLECTOSAFE
Area Sales Manager - Chennai
Permanent · Chennai
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
MUTHOOT FINCORP
Area Manager
Permanent · Tiruchirappalli
INFINIX
National Sales Manager
Permanent · MUMBAI
1MG
Sales Manager - Diagnostics
Permanent · National Capital Region
DODLA DAIRY LIMITED
Area Sales Manager -Salem
Permanent · Salem
By
Reuters
Published
Jul 24, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hanesbrands to buy underwear rival Maidenform Brands

By
Reuters
Published
Jul 24, 2013

Hanesbrands Inc, whose labels include the Wonderbra, said it will buy lingerie company Maidenform Brands Inc for $547 million to boost its product line up.

The offer of $23.50 per share represents a premium of 23 percent to Maidenform's closing price on Tuesday.

Hanesbrands expects the deal to add to earnings per share (EPS) within the first year of close and add 60 cents to EPS annually within three years.

"This business is a natural fit into our core business and meets all of our acquisition criteria," said Hanes Chief Executive Richard Noll.

The company said the deal will boost its intimate apparel portfolio by adding Maidenform's Flexees, Lilyette, Self Expressions and Sweet Nothings labels to its Playtex, Barely There, Wonderbra and Hanes brands.

Hanesbrands said it expects to fund the deal with cash on hand and borrowings under its credit facility.

Goldman Sachs gave financial advice to Hanes, while King & Spalding LLP is served as legal counsel.

© Thomson Reuters 2022 All rights reserved.