Gildan, a leading T-shirt manufacturer, is nearing a deal to acquire US-based underwear group Hanesbrands for €69 per month. The acquisition marks a significant expansion into the apparel industry for Gildan. Details of the proposed deal are yet to be confirmed.
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Source: https://www.ft.com/content/2dbda9d9-55bd-45cb-887f-14234e7079fc