Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...

Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...

In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...

Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...

The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.

Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.

Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...

The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...

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

Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 ...

As the Canadian market navigates a landscape of manageable yet persistent inflation and potential rate cuts, investors are keenly observing how these economic shifts might influence stock valuations.