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Tag: Hanesbrands

Gildan to Buy Underwear Maker Hanesbrands for $2.2 Billion

By Lawson of London TimesIn British FashionPosted August 13, 2025
Gildan to Buy Underwear Maker Hanesbrands for .2 Billion

[ad_1] Gildan Activewear Inc. agreed to purchase US underwear maker Hanesbrands Inc. — aiming to double its annual gross sales — for about $2.2 billion in money and inventory.Montreal-based Gildan is providing Hanesbrands holders roughly $6 a share, based mostly on the businesses’ closing costs on Aug. 11, representing a...

Tags: billion, buy, Gildan, Hanesbrands, maker, Underwear
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