CHAMP PE completes lighting take-private
Take-private deals are a challenge in Australia. Conflict creates headlines, but the country appears to see its fair share of majority shareholders falling out with prospective private equity investors despite the fact that share prices have turned against them.
Struggling surfwear manufacturer Billabong is currently trading below A$1 after a A$694 million ($709 million) buyout by TPG Capital fell through earlier this month. The private equity firm originally...
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