Gildan Activewear Inc
GIL: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| phH | LOCK|G$p^z | LOCK|%Xc%GX? |
Gildan: Raising Fair Value Estimates Nearly 80% to USD 93/CAD 128 After Accretive Hanesbrands Deal
Gildan has agreed to acquire Hanesbrands for USD 0.80 cash plus 0.102 Gildan shares per Hanesbrands share. Based on the closing price of Gildan's shares on Aug. 11, the deal values Hanesbrands at an enterprise value of USD 4.4 billion, or $6.00 per share.
