Brief: Gildan and HanesBrands Agree to Combine To Create a Global Basic Apparel Leader

Gildan Activewear

13/08/2025 11:55

Aug 13 (Reuters) - Gildan Activewear Inc GIL.TO:

GILDAN AND HANESBRANDS AGREE TO COMBINE TO CREATE A GLOBAL BASIC APPAREL LEADER

HANESBRANDS INC - DEAL VALUED AT $2.2 BILLION EQUITY, $4.4 BILLION ENTERPRISE

HANESBRANDS INC - EXPECTED $200 MILLION ANNUAL COST SYNERGIES WITHIN THREE YEARS

HANESBRANDS INC - SHAREHOLDERS TO RECEIVE 0.102 GILDAN SHARES, $0.80 CASH

HANESBRANDS INC - SHAREHOLDERS TO OWN 19.9% OF GILDAN SHARES

HANESBRANDS INC - GILDAN OBTAINS $2.3 BILLION COMMITTED DEAL FINANCING

HANESBRANDS INC - OFFER IMPLIES $6.00 PER HANESBRANDS SHARE, 24% PREMIUM

HANESBRANDS INC:  GILDAN IS REAFFIRMING ITS FULL YEAR 2025 REVENUE AND EPS GUIDANCE

HANESBRANDS INC: GILDAN OUTLOOK 2026-2028 NET SALES GROWTH AT COMPOUND ANNUAL GROWTH RATE IN 3-5% RANGE

HANESBRANDS INC: GILDAN INTENDS TO INITIATE REVIEW OF STRATEGIC ALTERNATIVES FOR HANESBRANDS AUSTRALIA, INCLUDING SALE OR OTHER TRANSACTION

HANESBRANDS INC: DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO GILDAN'S ADJUSTED DILUTED EPS

HANESBRANDS INC: GILDAN OUTLOOK 2026-2028 ADJUSTED DILUTED EPS CAGR IN LOW 20% RANGE

Source text: ID:nGNX9zksGq

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