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Activewear apparel company $HBI said it has acquired Champion Europe in an all-cash transaction for the purchase price of 10 times actual calendar 2016 EBITDA, subject to adjustment for cash, debt and working capital. $HBI expects the final purchase price to be approx. EUR200MM.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.