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Article Date: September 2024
Word Count: 132

Hanesbrands Completes Champion Sale


HBI said it had closed the divestiture of the intellectual property and certain other assets of its global Champion business to Authentic Brands Group for $1.2 billion, plus a potential $300 million more in contingent consideration. About $1 billion of the proceeds will be used to pay down long term debt before the end of the year. ... Log in to view full article.

 


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