08:34 AM EST - Gildan Activewear Inc. : Has completed the previously announced sale of HanesBrands Australia to BBFIT Investments Pte Ltd, an associated entity of BB Retail Capital, a global private investment firm, for approximately $700 million Australian dollars (approximately $490 million U.S.), paid in cash at closing. HAA has been classified as held for sale and reported as discontinued operations in Gildan’s financial statements since the fourth quarter of 2025. Gildan intends to use the net proceeds from the transaction to repay outstanding debt. Gildan Activewear Inc.
shares T.GIL are trading unchanged at $56.68.
