News

Gildan to Buy Hanesbrands for $2.2 Billion

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

Gildan Activewear (TSE:GIL) Could Be A Buy For Its Upcoming Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Gildan Activewear Inc. (TSE:GIL) is about to trade ex-dividend in the next 4 days. The ...

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 ...
Winston-Salem Journal19h

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 ...

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 ...

Top Stock Movers Now: Lennar, Gildan Activewear, CAVA Group, and More

U.S. equities edged higher at midday, with the S&P 500 and Nasdaq adding to their record closes, on optimism the Federal ...