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

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

"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 ...

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

HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...

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

We are extremely pleased to welcome the HanesBrands’ team to the Gildan family,” commented Glenn J. Chamandy, President and ...

HanesBrands stockholders will receive 0.102 shares of Gildan and 80 cents cash for each share they own, a premium of about 24 ...

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.

Hanesbrands has agreed to be sold to Gildan for $0.80 cash plus 0.102 Gildan shares per Hanesbrands share. Based on the closing price of Gildan's shares on Aug. 11, the deal values Hanesbrands at ...