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Gildan Activewear signs deal to buy HanesBrands for US$2.2B in shares and cash

MONTREAL — Gildan Activewear Inc. has signed a deal to buy HanesBrands Inc. for US$2.2 billion in shares and cash. Gildan chief executive Glenn Chamandy called it a historic moment for the company. “The combination with HanesBrands strengthens our positioning with an opportunity to expand the heritage ‘Hanes’ brand presence in activewear across channels, while […]


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