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Gildan sizes up its basic apparel offerings with US$2.2B deal to buy HanesBrands

MONTREAL — Gildan Activewear Inc.’s shares are up more than 10 per cent in early trading after it announced it was taking over HanesBrands Inc. for US$2.2 billion. Montreal-based Gildan said the deal is a push for size that can help it grow in a competitive industry. “Today is a historic moment in Gildan’s journey,” […]


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