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News

Gildan, Hanesbrands

Bloomberg on MSN · 14h
Gildan to Buy Underwear Maker Hanesbrands for $2.2 Billion
Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 billion in cash and stock.
Yahoo Finance · 12h
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 brands like Hanes and Maidenform.
WWD on MSN · 19h
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.
13h

Gildan unveils $2.2-billion bid for U.S. underwear maker Hanesbrands

This acquisition, which is the Montreal-based company’s largest since establishment, was initially dismissed by its board ...
17h

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 ...
Winston-Salem Journal
1h

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, Mocksville and Salisbury, will opt to convert HanesBrands Inc.'s headquarters ...

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