Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...

Gildan Activewear is buying HanesBrands for $2.2 billion, giving the basic apparel maker access to brands including Hanes and ...

The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.

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

Canada-based Gildan Activewear will purchase HanesBrands in a $2.2 billion deal that will transfer ownership of popular name ...

Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.

The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...

The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...

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

Canada's Gildan Activewear is nearing a deal to buy Hanesbrands , potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter.

The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...

"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 ...