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

Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...

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 ...

Gildan Activewear acquires Hanesbrands in a $2.2B deal, aiming for $200M annual synergies. Read here for more details on the ...

HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...

Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...

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 ...

An international clothing company based in Winston-Salem is on the verge of being sold for $5 billion, according to the ...

Winston-Salem-based Hanesbrands may soon have a new owner. The Financial Times reports the company is in talks to be acquired ...

Gildan Activewear, headquartered in Montreal, Canada, is close to acquiring Hanesbrands in a potential $5 billion deal that ...