Hosted on MSN

Gildan Completes Largest Acquisition, Purchases Hanesbrands for $4.4 Billion

Canadian apparel company Gildan Activewear (NYSE:GIL) has finalized the acquisition of Hanesbrands (NYSE:HBI) in a transaction valued at $4.4 billion, including debt, marking the largest deal in ...
KTVU

Canadian company Gildan buying Hanes for $2.2 billion

Gildan Activewear is buying the struggling HanesBrand – maker of Hanes and Maidenform apparel – for $2.2 billion. HanesBrands' sales have fallen for three consecutive years and it hasn't turned an ...
Northwest Arkansas Democrat Gazette

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. The companies put the ...
Hosted on MSN

Canada's Gildan Activewear is buying HanesBrands for $2.2 billion

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. The companies put the ...
New York Post

Gildan Activewear shares climb after board resigns, ousted CEO returns

Canadian apparel maker Gildan Activewear said Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy. The company’s ...