On August 13, 2025, Hanesbrands Inc. signed a Merger Agreement with Gildan Activewear Inc., agreeing to merge with multiple subsidiaries involved, where each holder of Hanesbrands' stock will receive $0.80 cash and 0.102 Gildan shares per Hanesbrands share. This significant event may lead to Hanesbrands being delisted from the NYSE post-merger.