News

Canadian company Gildan buying Hanes for $2.2 billion

Canada-based Gildan Activewear will purchase HanesBrands in a $2.2 billion deal that will transfer ownership of popular name ...

HanesBrands and Gildan merger could change big business landscape in Downtown Winston-Salem, economist says

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...

Top Stock Movers Now: Lennar, Gildan Activewear, CAVA Group, and More

U.S. equities edged higher at midday, with the S&P 500 and Nasdaq adding to their record closes, on optimism the Federal ...
MoneySense2h

Gildan makes US$2.2B move to buy HanesBrands

The deal pairs Gildan’s manufacturing strength with HanesBrands’ iconic apparel, aiming for cost savings, growth, and a global market presence.
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Gildan Activewear to merge with HanesBrands for enterprise value of around 4.4 billion dollars

Gildan Activewear and HanesBrands announce a definitive merger agreement. Gildan will acquire HanesBrands for an enterprise ...

Gildan Activewear to buy Hanesbrands

The apparel company, based in Winston-Salem, is getting a new owner. Sharon Stone on the Moment Robert De Niro ‘Crossed a ...

Gildan and HanesBrands Agree to Combine To Create a Global Basic Apparel Leader

Gildan Activewear Inc. ("Gildan") (TSX: GIL and NYSE: GIL) and HanesBrands Inc. ("HanesBrands") (NYSE: HBI) today announced that they have entered into a definitive merger agreement under which Gildan ...

Stock Movers: Tilray Brands, Gildan Activewear, Intel

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

Toronto Stocks Edge Higher; Gildan Activewear Jumps on $2.2B Hanesbrands Acquisition

Gildan Activewear shares rose 11% to 74.90 Canadian dollars ($54.37) on its deal to acquire Hanesbrands for $2.2 billion, combining two makers of basic apparel from T-shirts to socks at a time the ...