Billabong receives $555m buyout offer - UPDATE
Billabong International has received a A$527 million ($555 million) buyout offer from Paul Naude, a director at the firm, with US-based Sycamore Partners participating as a cornerstone equity investor.
According to a regulatory filing, the consortium also includes Bank of America Merrill Lynch as lead debt financier. The offer is A$1.10 per share in cash, as previously reported by The Australian Financial...
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