The Final Chapter for Hanesbrands as a Public Company

The independent story of Hanesbrands on the public markets has reached its conclusion. The apparel maker’s acquisition by Canadian competitor Gildan Activewear, valued at approximately $2.2 billion, was finalized, leading to the cessation of its stock listing on the New York Stock Exchange effective December 1, 2025.

Remaining equity holders received a definitive exchange offer. For each share of Hanesbrands they owned, investors were granted $0.80 in cash plus 0.102 shares of the acquiring firm, Gildan. This transaction results in former Hanesbrands shareholders collectively owning an estimated 19.9% stake in the newly combined entity. The investment narrative for Hanesbrands as a standalone stock is now closed.

Full Market Exit and Delisting Process

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