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Will Gildan's HanesBrands Deal Create a Global Apparel Powerhouse?
ZACKS·2025-08-15 01:06

Key Takeaways Gildan is acquiring HanesBrands for 2.2Binequityand2.2B in equity and 4.4B in enterprise value.The merger targets 200Mincostsynergieswithinthreeyears,boostingadjustedEPS.Gildanforecasts35200M in cost synergies within three years, boosting adjusted EPS.Gildan forecasts 3-5% sales CAGR and low-20% EPS growth from 2026 to 2028.Gildan Activewear Inc. ((GIL) is set to acquire HanesBrands Inc. ((HBI) in a transaction valued at approximately 2.2 billion in equity and $4.4 billion in enterprise value. The merger will bring together Gildan’s leadership in activewear with HanesBrands’ ...