April 28 (Reuters) - HanesBrands Inc HBI.N
* HanesBrands to acquire Pacific Brands Limited; hold investor conference call today
* Cash transaction values publicly traded Pacific Brands Limited at US$800 million
* All-Cash transaction is expected to be immediately accretive to adjusted earnings per share
* Acquisition projected to deliver full benefits within 3 years, attaining adjusted operating profit of approximately US$100 million
* Acquisition is projected to deliver full benefits within three years, contributing approximately US$0.25 to Hanes' adjusted EPS
* Entered into a definitive agreement to acquire Pacific Brands Limited
* Transaction would pay Pacific Brands shareholders AUD1.15 per share
* Intends to divest Tontine Pillow business and Dunlop flooring business Source text for Eikon: ID:nBw2hZFl7a Further company coverage: HBI.N
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