HanesBrands to Acquire Pacific Brands for $800M Cash

HanesBrands, marketer of hosiery, underwear, intimate apparel and activewear, has agreed to acquire Pacific Brands Limited, the leading underwear and intimate apparel company in Australia. Hanes holds the No. 1 or No. 2 market share for underwear, intimate apparel of hosiery in the United States, Canada, Mexico, Brazil, France, Germany, Italy, Spain, and South Africa. […]

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