Hanesbrands shares jump 37% on report of near-$5 billion takeover talks with Gildan Activewear, as the company grapples with ...

On the news, Hanesbrand's stock rocketed higher, but its enterprise value currently sits at around $4.2 billion, roughly $800 ...

"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 ...

HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...

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

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

One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile ...

Loews filed an initial 13D regarding its stake in the apparel maker, shifting to the stance of an activist investor from ...

HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.

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

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

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...