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

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

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

Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...

Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...

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

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

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

HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce of about 500.

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