3 May 2012, Montréal
Gildan Activewear announced today that it has signed a definitive agreement to acquire 100% of the common shares of Anvil Holdings, Inc. (Anvil) for a total purchase price of approximately U.S. $88 million. The acquisition will be financed through Gildan’s bank credit facility and the company will not assume any of Anvil’s outstanding debts.
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