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 ...

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 ...

T-shirt maker Gildan nears deal to acquire US underwear group Hanesbrands

Canada’s Gildan Activewear is nearing a deal to acquire Hanesbrands, in a takeover that could value the US underwear-maker at ...

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 ...
88.5 WFDD1d

Local leaders hopeful as HanesBrands announces buyout

HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...