HanesBrands (HBI) Stock After the Gildan Takeover: What Delisting, Deal Terms and New Forecasts Mean for Investors (Dec 8, 2025)
Gildan Activewear closed its acquisition of HanesBrands on December 1, 2025, ending HBI’s status as an independent stock and triggering its delisting from the NYSE. Each HanesBrands share was exchanged for 0.102 Gildan shares plus $0.80 in cash. The deal valued HanesBrands at about $4.4 billion including debt. As of December 8, the implied value per former HBI share is approximately $6.84.