Gildan Merges With HanesBrands in $4.4 Billion Deal
August 13, 2025
Gildan Activewear and HanesBrands agreed to merge in a transaction valued at approximately $4.4 billion (including total consideration), with Gildan acquiring HanesBrands. The deal implies $2.2 billion in equity value for HanesBrands and is expected to be completed in late 2025 or early 2026, subject to shareholder and regulatory approvals.
- Buyers
- Gildan Activewear Inc.
- Targets
- HanesBrands Inc.
- Industry
- Consumer Products
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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