Gildan Activewear Acquires HanesBrands

Reuters12-06 05:54

Gildan Activewear Acquires HanesBrands

Gildan Activewear Inc. has completed the acquisition of HanesBrands Inc., which is now known as HanesBrands LLC. The transaction, finalized on December 1, 2025, was carried out through a series of merger steps outlined in an agreement signed in August. The financing for the deal included a US$1.1 billion new term loan facility and a US$1.2 billion private offering of senior unsecured notes, as well as cash on hand and other available sources. Following the acquisition, HanesBrands became a wholly owned subsidiary of Gildan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gildan Activewear Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-118917), on December 05, 2025, and is solely responsible for the information contained therein.

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