Gildan Activewear (TSE:GIL) has released an update.
Gildan Activewear has formed a Special Committee to evaluate a non-binding proposal to acquire the company, engaging in discussions with potential bidders to maximize transaction value. No final decision has been made, and the company will continue to operate under its current business plan while considering potential deals. The future of the transaction remains uncertain, with further updates promised as developments occur.
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