Jarislowsky Fraser Backs Browning’s Bid to Change Gildan Board

Jarislowsky Fraser Ltd. plans to back Browning West LP in its effort to change the board at Canadian clothing manufacturer Gildan Activewear Inc.

• “Jarislowsky Fraser intends to support Browning West and its intent to requisition a Special Meeting of Gildan Shareholders to appoint five new director candidates,” Research Director Charles Nadim says in emailed statement.
• Jarislowsky owns about 7% of Gildan’s outstanding shares
• NOTE, from Jan. 4: Gildan Activists Turn Up Heat on Board for Shareholder Vote

To contact the reporter on this story:
Mathieu Dion in Montreal at mdion12@bloomberg.net

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