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 · 39m

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.

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 ...

22h

Hanes underwear deal looks too skimpy

Canada’s Gildan is buying the maker of basic T-shirts, bras and boxers for $2.2 bln. Combining with the American Apparel ...

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 ...

23h

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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