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KKR (NYSE:KKR) decides to pass on Pacific Brands, and the Aussie underwear manufacturer says...

May 15, 2012 3:33 AM ETKKR & Co. Inc. (KKR) StockKKRBy: Rachael Granby, SA News Editor
KKR (NYSE:KKR) decides to pass on Pacific Brands, and the Aussie underwear manufacturer says talks with other suitors have ended as well. P-E firms have been attracted by Australia's beaten-down retail sector, but there hasn't been much deal-making to show for it. Pacific Brands -5.6% in Australia. (previously)

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