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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 ...

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 ...
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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 ...

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 ...

Why Are Hanesbrands (HBI) Shares Soaring Today

Shares of clothing company Hanesbrands (NYSE:HBI) jumped 37.5% in the morning session after reports that it is in advanced ...