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Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...
Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...
Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...
The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
We recently published 10 Double-Digit Winners You Wish You Bought Yesterday. Hanesbrands Inc. (NYSE:HBI) is one of the last week’s top performers. Hanesbrands saw its share prices increase by 32.8 ...
Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.
Gildan Activewear acquires Hanesbrands in a $2.2B deal, aiming for $200M annual synergies. Read here for more details on the ...
The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...
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.
"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 ...
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...
The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...
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