9
Apr
Business News – Billabong In Exclusive Talks With Paul Naude & Sycamore For $0.60/Share Purchase
Billabong announced today that it has entered into a 10-day exclusive window to evaluate a purchase offer of 100% of its shares for $0.60 per share ($299 million) by Paul Naude and Sycamore Partners. Trading of Billabong’s shares also resumed following a trading halt on April 2.
The bid is a 45% reduction from the   … More
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