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Gildan Activewear Sells HanesBrands Australia At EV Of ~A$700M (~$490M)
Transaction expected to close in H2 2026. The proceeds will be used to pay down a portion of the company’s outstanding debt, further accelerating a return to the midpoint of its target leverage framework of 1.5x to 2.5x
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- Source
- benzinga
- Observed
- Jul 30, 2026, 10:13 AM
- Checked
- Jul 30, 2026, 10:12 AM
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- Captured once, then retained as an archive reference
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- fresh
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GIL Legal News: Gildan Hit with Securities Fraud Investigation over Alleged Misrepresentations about its Revenue – Contact BFA Law
Bleichmar Fonti & Auld LLP is investigating Gildan Activewear for potential securities fraud following allegations of channel stuffing to artificially inflate revenue. The investigation was triggered by a Jehoshaphat Research report published on June 16, 2026, which alleged the company manipulated sales figures. Gildan's stock dropped 18.75% ($11.62 per share) on the news. Investors who suffered losses are encouraged to contact BFA Law.
Read original at globenewswire-incUBS Maintains Buy on Gildan Activewear, Raises Price Target to $111
UBS analyst Jay Sole maintains Gildan Activewear (NYSE:GIL) with a Buy and raises the price target from $110 to $111.
Read original at benzingaRBC Capital Maintains Outperform on Gildan Activewear, Raises Price Target to $82
RBC Capital analyst Ryland Conrad maintains Gildan Activewear (NYSE:GIL) with a Outperform and raises the price target from $78 to $82.
Read original at benzinga