Activist investor Browning West criticizes Gildan's board over sale process.

Activist investor Browning West criticizes Gildan Activewear's board for initiating a sale process, claiming it may undervalue the company. The Los Angeles-based investment firm, leading a campaign against Gildan, has proposed a slate of eight new directors and is concerned the current board cannot be trusted to oversee the sale process. Shareholders will vote on the proposed changes on May 28.

March 20, 2024
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