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

Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 ...

Gildan Activewear is buying HanesBrands for $2.2 billion, giving the basic apparel maker access to brands including Hanes and ...

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

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

The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...

After officially inking a definitive agreement last week, Hanesbrands Inc. (NYSE:HBI) said that its shareholders are set to receive 0.102 shares of Gildan Activewear and $0.80 in cash for each HBI ...

Gildan Activewear acquires Hanesbrands in a $2.2B deal, aiming for $200M annual synergies. Read here for more details on the ...

The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...

Canada's Gildan Activewear is nearing a deal to buy Hanesbrands , potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter.

"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 ...

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