SYDNEY, April 28 (Reuters) - Australian underwear and t-shirt maker Pacific Brands Ltd (PBG) said on Thursday it agreed to an all-cash buyout from U.S. clothing company HanesBrands Inc
valuing the company at A$1.1 billion ($836 million). In a statement to the Australian Securities Exchange, Pacific, owner of the Bonds, Jockey, Berlei and Holeproof brands, said its board supported an unsolicited proposal from HanesBrands to buy the company for A$1.15 per share, a 22 percent premium to its 94-cent closing price a day earlier. ($1 = 1.3160 Australian dollars)
