HanesBrands to Acquire DB Apparel
Acquisition expected to add approximately $0.25 of adjusted EPS in 2015 and approximately $1.00 of adjusted EPS annually within 3 to 4 years.
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
DBA is a leading marketer of intimate apparel, hosiery and underwear in Europe, new geography for Hanes. The all-cash transaction would be accretive to adjusted earnings per share in the first 12 months after closing, including an estimated $0.25 of adjusted EPS excluding actions in 2015. With the realization of full benefits in three to four years, the acquisition would add, on an annual basis, more than $875 million in net sales, approximately $125 million in adjusted operating profit excluding actions, and approximately $1.00 in adjusted EPS excluding actions.
0 Comments
View Comments
- Companies:
- Hanes Printables
Related Content
Comments