News

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 ...

Gildan to Buy Hanesbrands for $2.2 Billion

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

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 ...

HanesBrands and Gildan merger could change big business landscape in Downtown Winston-Salem, economist says

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
The Northwest Arkansas Democrat-Gazette1h

HanesBrands sold to Gildan in $2.2B cash and stock deal

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.

Gildan to acquire Hanesbrands in $4.4B deal, creating apparel powerhouse and ending era in Winston-Salem

The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...

HanesBrands is being bought out, but the stock is falling. Here’s why.

HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.

Hanes and Playtex Owner Agrees to $4.4 Billion Takeover. Why the Stock Is Down.

The companies hope the acquisition will create a global apparel leader with access to Hanesbrands’ innerwear brands such as ...