GIL Stock Alert: Gildan Activewear Is Up for Sale
Gildan Activewear (GIL) InvestorPlace·2024-03-20 22:14
Gildan Activewear (NYSE:GIL) stock is on the rise Wednesday as investors react to the apparel company confirming reports that it’s considering a sale of the business.According to the latest reports, private equity firm Sycamore Partners is considering a bid for Gildan Activewear. This comes as activist investors have been fighting with the Board of Directors over the future of the company.Gildan Activewear responded to these reports by confirming it has received a confidential non-binding expression of inte ...