Consumer
Sycamore Partners Explores Bid for Apparel Maker Gildan Activewear
- Canadian company confirms it has received non-binding interest
- Gildan says it has also reached out to other potential buyers
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Private equity firm Sycamore Partners is exploring an offer for Gildan Activewear Inc., the Canadian clothing manufacturer that owns the American Apparel brand, people familiar with the matter said.
The New York-based buyout firm has discussed financing options with potential lenders, according to one of the people, who requested anonymity to discuss confidential information.