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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.
Hanesbrands (HBI) Loews filed an initial 13D regarding its stake in the apparel maker, shifting to the stance of an activist ...
HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...
Hanesbrands targets margin growth through debt cuts, asset sales, and tech upgrades, with positive EPS and revenue trends.
Gildan Activewear Inc. and Hanesbrands Inc. have agreed to a merger valued at about $4.4 billion, the companies have ...
"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 ...
On the news, Hanesbrand's stock rocketed higher, but its enterprise value currently sits at around $4.2 billion, roughly $800 ...
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