03:35 PM EDT, 04/03/2024 (MT Newswires) -- Gildan Activewear's ( GIL ) board is urging potential buyers to submit their initial buyout bids by April 10, The Globe and Mail reported Wednesday, citing two sources familiar with the process.

Private equity firms Bain Capital, Sycamore Partners and Clayton Dubilier & Rice are among those possibly considering a bid for the apparel manufacturer, the report said, citing analysts.

Gildan did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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