HanesBrands Announces Evaluation Of Strategic Options For Global Champion Business
Portfolio Pulse from Benzinga Newsdesk
HanesBrands (NYSE:HBI) is evaluating strategic options for its global Champion business, including a potential sale or other strategic transaction. The company's board and executive leadership team are undertaking this evaluation to maximize shareholder value. However, there is no assurance that this process will result in any particular transaction or strategic outcome.

September 19, 2023 | 1:44 pm
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HanesBrands is considering strategic options for its Champion business, which could potentially impact the company's stock price.
The announcement of HanesBrands evaluating strategic options for its Champion business, including a potential sale, could lead to speculation among investors, potentially impacting the company's stock price. However, as the company has not confirmed any particular transaction or strategic outcome, the impact on the stock price is uncertain.
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