The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.

Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its ...

Iconic Australian brands like Bonds, Sheridan and Berlei could be put on the market after their parent company HanesBrands ...

We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...

The American giant acquired Pacific Brands off the ASX in 2016. Now merging with a rival, it is assessing whether to divest ...

Gildan Activewear Inc. (GIL) is set to acquire HanesBrands Inc. (HBI) in a transaction valued at approximately $2.2 billion ...

Gildan Activewear and HanesBrands have entered into a definitive merger agreement under which Gildan will acquire HanesBrands. This transaction implies an equity value of approximately $2.2 billion ...

The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.

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Weekly applications for jobless benefits are seen as a proxy for U.S. layoffs and have mostly settled in a historically ...

On Wall Street, stocks of companies that could benefit most from lower interest rates helped lead the way. PulteGroup climbed ...

Gildan Activewear and HanesBrands have agreed to merge in a transaction valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, based on Gildan’s 11 August 2025 closing ...