gildan activewear hanesbrands

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Gildan, HanesBrands

Gildan Buying HanesBrands in $2.2 Billion Cash and Stock Deal

In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands Inc. in a cash and stock deal that values the innerwear giant stock at $2.2 billion.

Retail TouchPoints · 38m

Gildan Buys Hanes for $2.2 Billion to Create Global Basic Apparel Powerhouse

Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its enterprise value at $4.4 billion.

Seeking Alpha · 13h

Gildan Activewear And Hanesbrands Tie The Knot

Gildan Activewear acquires Hanesbrands in a $2.2B deal, aiming for $200M annual synergies. Read here for more details on the acquisition rationale.

Canada’s Gildan to acquire US apparel brand HanesBrands for $4.4bn

The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.

Winston-Salem Journal6h

HanesBrands sale may symbolize end of corporate headquarters era in Winston-Salem

The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, ...

SGB Online1h

Hanesbrands Faces Possible Debt Rating Upgrade on Proposed Gildan Merger

S&P Global Ratings placed Hanesbrands’ debt ratings on CreditWatch positive because it believes Hanesbrands’ credit profile ...

1don MSN

Gildan to Buy Underwear Maker Hanesbrands for $2.2 Billion

Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about $2.2 billion in cash and stock, in its ...

22h

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 ...

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