S&C Advises Gildan in $4.4 Billion Acquisition of HanesBrands

Gildan Activewear, a longtime S&C client, has agreed to buy HanesBrands for $2.2 billion in equity and $4.4 billion in enterprise value. This agreement would establish HanesBrands as a global leader in basic apparel. Gildan has closed his biggest sale to date with this transaction.