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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.

Associated Press News on MSN · 4d

Canada’s Gildan Activewear is buying HanesBrands for $2.2 billion

Gildan Activewear is buying HanesBrands for $2.2 billion, giving the basic apparel maker access to brands including Hanes and Maidenform.

Retail TouchPoints · 3d

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.

GlobalData on MSN3d

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.

4don MSN

Gildan to Buy Hanesbrands for $2.2 Billion

The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.

Winston-Salem Journal1d

What led to Gildan purchase of HanesBrands? Pressure from large investors

"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 ...

1don MSN

Key deals this week: Gildan Activewear, Western Union, Sapiens, Perplexity, Teladoc Health and more

Gildan Activewear (NYSE:GIL) has agreed to acquire HanesBrands (NYSE:HBI) in a deal that implies an equity value of ~$2.2 billion and an enterprise value of ~$4.4 billion for HanesBrands. Western ...