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The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.
HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.
Canada’s Gildan is buying the maker of basic T-shirts, bras and boxers for $2.2 bln. Combining with the American Apparel ...
Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about $2.2 billion in cash and stock, in its ...
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