News

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 ...
The Northwest Arkansas Democrat-Gazette2h

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.
Winston-Salem Journal28m

HanesBrands sale may symbolize end of corporate headquarters era in Winston-Salem

The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, Mocksville and Salisbury, will opt to convert HanesBrands Inc.'s headquarters ...

Gildan unveils $2.2-billion bid for U.S. underwear maker Hanesbrands

This acquisition, which is the Montreal-based company’s largest since establishment, was initially dismissed by its board ...

Hanes underwear deal looks too skimpy

Canada’s Gildan is buying the maker of basic T-shirts, bras and boxers for $2.2 bln. Combining with the American Apparel ...