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Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...
Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...
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TipRanks on MSNGildan Activewear Announces Acquisition of HanesBrands
Gildan Activewear ( (TSE:GIL) ) has provided an announcement. On August 13, 2025, Gildan Activewear Inc. announced a definitive merger agreement to acquire HanesBrands Inc. The transaction involves a ...
Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.
Canada-based Gildan Activewear will purchase HanesBrands in a $2.2 billion deal that will transfer ownership of popular name ...
HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...
S&P Global Ratings placed Hanesbrands’ debt ratings on CreditWatch positive because it believes Hanesbrands’ credit profile ...
After officially inking a definitive agreement last week, Hanesbrands Inc. (NYSE:HBI) said that its shareholders are set to receive 0.102 shares of Gildan Activewear and $0.80 in cash for each HBI ...
"They are No. 1 in innerwear and unrivaled in their retail presence," Chamandy said Wednesday. "With this transaction, our revenues will double, and we achieve a scale that distinctly sets ...
Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., people familiar with the matter said, in what would be its largest ever acquisition.
Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands like Hanes and Maidenform.
We assign Gildan a narrow moat rating based on a cost advantage. We believe the company has built an efficient supply chain that differentiates it from competitors. Although it is difficult to ...
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