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Gildan to Buy Hanesbrands for $2.2 Billion

The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
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Local leaders hopeful as HanesBrands announces buyout

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

HanesBrands and Gildan merger could change big business landscape in Downtown Winston-Salem, economist says

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...

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 ...

Canada's Gildan nears deal to buy Hanesbrands at about $5 billion valuation, FT reports

Canada's Gildan Activewear is nearing a deal to acquire Hanesbrands , which could value the U.S. innerwear-maker at about $5 billion including debt, the Financial Times reported on Tuesday, citing ...

Why Are Hanesbrands (HBI) Shares Soaring Today

Shares of clothing company Hanesbrands (NYSE:HBI) jumped 37.5% in the morning session after reports that it is in advanced ...