Hanesbrands agrees to $4.4 billion deal by Canada's Gildan Activewear

cnbc.com/2025/08/13/hanesbrands-agrees-to-takeover-by-canadas-gildan-activewear.html

Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies said on Wednesday, as the Canadian firm looks to expand its foothold in basic apparel.
Gildan, whose brands include Anvil, Gildan and Gold Toe, will pay about $6 per…

This story appeared on cnbc.com, 2025-08-13 16:24:18.092000.
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