Gildan Activewear to merge with HanesBrands for enterprise value of around 4.4 billion dollars
Gildan Activewear, Inc. (GIL, GIL.TO) and HanesBrands, Inc. (HBI) announced Wednesday that they have entered into a definitive merger agreement under which Gildan will acquire HanesBrands. This transaction implies an equity value of approximately 2.2 billion dollars and an enterprise value of approximately 4.4 billion for HanesBrands, based on...
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