News
17h
GlobalData on MSNCanada’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.
In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...
Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its ...
Gildan and HanesBrands agree to combine to create a global basic apparel leader in $2.2 billion deal
Gildan Activewear Inc. and HanesBrands Inc. have announced that they have entered into a definitive merger agreement under ...
We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...
The American giant acquired Pacific Brands off the ASX in 2016. Now merging with a rival, it is assessing whether to divest ...
The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, ...
TSX-listed shares of Montreal-based T-shirt maker closed up 11.8 per cent on Wednesday following the premarket confirmation ...
10h
Dealbreaker on MSNGildan to Acquire HanesBrands
Gildan Activewear and HanesBrands have entered into a definitive merger agreement under which Gildan will acquire HanesBrands. This transaction implies an equity value of approximately $2.2 billion ...
Gildan Activewear Inc. and Hanesbrands Inc. have agreed to a merger valued at about $4.4 billion, the companies have ...
The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.
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.
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