Gildan nears deal to acquire U.S. underwear group Hanesbrands

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Gildan nears deal to acquire U.S. underwear group Hanesbrands

financialpost.com/financial-times/gildan-us-underwear-hanesbrands

Gildan Activewear Inc.

is nearing a deal to acquire Hanesbrands, in a takeover which could value the U.S. underwear-maker at approaching US$5 billion including debt, according to people familiar with the matter.
Hanesbrands has suffered weak sales and inventory…

This story appeared on financialpost.com, 2025-08-12 12:12:57.