The following corporate finance-related stories were reported by media on Tuesday: * U.S. private equity firm KKR & Co has approached Australian consumer brands company Pacific Brands on a possible takeover valued at about $614 million, the Australian Financial Review reported on Tuesday.* Hostess Brands Inc, a U.S. wholesale baker, is again preparing to file for Chapter 11 bankruptcy this week, The Wall Street Journal reported, citing people familiar with the matter.
Source
