Canada-based Gildan Activewear will purchase HanesBrands in a $2.2 billion deal that will transfer ownership of popular name ...

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

Canada’s Gildan Activewear is nearing a deal to acquire Hanesbrands, in a takeover that could value the US underwear-maker at ...

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

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

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

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

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

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 ...

"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 ...

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