Canada's Gildan nears deal to buy Hanesbrands for about $5 billion, FT reports

2 hours ago 1
wooden blocks with "M and A" letters on financial documents, symbolizing mergers and acquisitions
  • Gildan Activewear (NYSE:GIL) is nearing a deal to acquire Hanesbrands (NYSE:HBI) at an enterprise value including debt approaching $5 billion, the Financial Times reported.
  • The talks are at an advanced stage, and a deal could be agreed by the end of

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