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

Hanesbrands

12/08/2025 06:52

Aug 12 (Reuters) - Canada's Gildan Activewear GIL.TO is nearing a deal to acquire Hanesbrands HBI.N 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.

 (Reporting by Disha Mishra in Bengaluru; Editing by Sonia Cheema)

 ((Disha.Mishra@thomsonreuters.com;))