News

HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.
Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...
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 ...
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.
Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...
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." ...
On the news, Hanesbrand's stock rocketed higher, but its enterprise value currently sits at around $4.2 billion, roughly $800 ...
Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce of about 500.
Hanesbrands shares jump 37% on report of near-$5 billion takeover talks with Gildan Activewear, as the company grapples with ...