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This acquisition, which is the Montreal-based company’s largest since establishment, was initially dismissed by its board ...
We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...
The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
Gildan Activewear’s board warned that ex-CEO Glenn Chamandy is wielding a “false narrative” to get investor Browning West to lobby for his reinstatement, weeks after his surprise ouster ...
Count Gildan Activewear Inc.’s cash and stock deal to buy HanesBrands Inc. as a $2.2 billion ripple in the fashion industry ...
The Canadian Press on MSN9d
Gildan sizes up its basic apparel offerings with US$2.2B deal to buy HanesBrands
Gildan Activewear Inc. has gone from potential takeover target last year to it being the big-time buyer as it snaps up ...
Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...
8d
GlobalData on MSNCanada’s Gildan to acquire US apparel brand HanesBrands for $4.4bn
The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.
"Anson Funds has become increasingly concerned by the Board's handling of succession planning and disregard for shareholder feedback. We disagree with the Board's decision to remove Mr. Chamandy ...
Gildan Activewear Inc. has reinstated Glenn Chamandy as president and CEO following a months-long proxy battle between the company and activist investor Browning West that began when Chamandy was ...
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...
Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 ...
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