In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...

The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.

Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...

Gildan Activewear is buying HanesBrands for $2.2 billion, giving the basic apparel maker access to brands including Hanes and ...

Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its ...

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

Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.

"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 Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...

We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...

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

Canada's Gildan Activewear is nearing a deal to buy Hanesbrands , potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter.