What would you pay for Pacific Brands?

With the share price down 30% in two months, is this your chance to buy some of Australia's most iconic brands?

Locally-owned Australian brands are hard to come by these days. Vegemite, Tim Tams, Holden, and Victa lawn mowers are long gone. Qantas remains but no one in their right mind would buy it (see For the love of Qantas, sack Joyce on 14 Jan 14 (Avoid – $1.12)). But what about Bonds, Sheridan, Hard Yakka, KingGee, Tontine, Dunlop and Berlei, all owned by Pacific Brands?

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