Canada's Gildan nears deal to acquire innerwear maker Hanesbrands, FT reports-February 2024-www.financetom.com

Canada's Gildan nears deal to acquire innerwear maker Hanesbrands, FT reports

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Canada's Gildan nears deal to acquire innerwear maker Hanesbrands, FT reports

Aug 11, 2025 11:14 PM

Aug 12 (Reuters) - Canada's Gildan Activewear ( GIL )

is nearing a deal to acquire Hanesbrands ( HBI ) in a takeover

that could value the U.S. innerwear-maker at about $ 5 billion

including debt, the Financial Times reported on Tuesday, citing

people familiar with the matter.

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