Hanesbrands Inc. shares surged more than 37% on Tuesday after a Financial Times report said that Canada’s Gildan Activewear is close to acquiring the US underwear maker in a deal valued at nearly $5 ...
Gildan Activewear has officially closed its $2.2 billion deal to buy Winston-Salem–based HanesBrands, a move that creates a major new player in the global apparel industry. Gildan’s CEO Glenn Chamandy ...