Hanesbrands merger into Gildan nears closing after shareholder ratification and ending of mandated waiting period.

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Gildan Activewear (GIL) has surged ~120% over two years as an efficient, under‑the‑radar maker of essential apparel whose Hanesbrands acquisition boosts scale, synergies and its value‑oriented moat.

Shares of Gildan Activewear (TSX:GIL) have been defying the odds, blasting off close to 120% in the last two years, as most other apparel names have fallen under considerable pressure. Indeed, the ...