S&P Dow Jones Indices Announces Changes to the S&P/TSX 60 Index and S&P/TSX Composite Index
The shareholders of Gildan Activewear Inc. (TSX: GIL) (NYSE: GIL) and Hanesbrands Inc (NYSE: HBI) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Hanesbrand will be exchanged for US$ 0.80 in cash and 0.102 shares of Gildan Activewear for each Hanesbrand share held.
The shareholders of Gildan Activewear Inc. (TSX: GIL) (NYSE: GIL) and Hanesbrands Inc (NYSE: HBI) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Hanesbrand will be exchanged for US$ 0.80 in cash and 0.102 shares of Gildan Activewear for each Hanesbrand share held.
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