Two Gildan lawsuits against Browning West dismissed amid leadership battle: investor
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 16/05/2024 (869 days ago), so information in it may no longer be current.
Browning West LP says two lawsuits launched by Gildan Activewear Inc.’s board against the investor have been dismissed.
The activist investor is among several major Gildan shareholders that have been campaigning to have the clothing maker’s former CEO reinstated.
In a statement Thursday, Browning West said the two lawsuits were dismissed by the Superior Court of Quebec and the Quebec Financial Markets Administrative Tribunal.
Gildan announced late last year that longtime CEO Glenn Chamandy was being replaced, and several investors including Browning West are now fighting to have him brought back.
Browning West has nominated eight people including Chamandy for election to the Gildan board of directors at the company’s annual meeting on May 28.
Gildan did not immediately respond to a request for comment.
This report by The Canadian Press was first published May 16, 2024.
Companies in this story: (TSX:GIL)