Analyst Research

Report Title Price
Provider: MarketLine (a Datamonitor Company)
$175.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Revised Bids For Billabong International Ltd Around Half Of Original Offers-Reuters


Thursday, 4 Apr 2013 08:39pm EDT 

Reuters reported that revised takeover offers for Billabong International Ltd have come in considerably lower than indicative bids, with the highest valuing the struggling surfwear firm at only AUD287 million ($300 million), the Australian Financial Review reported. A consortium comprising Billabong's former U.S. boss Paul Naude and private equity firm Sycamore Partners has put forward an offer of about AUD0.60 cents per share, while a rival group made up of private equity firm Altamont Capital Partners and U.S. clothing group VF Corp has offered less than AUD.50 cents per share. The offers are below Billabong's share price at its last close on March 28 of AUD0.73 and around half the AUD1.10 initial indicative bids from both consortiums, which valued the Company at AUD527 million ($550 million). 

Company Quote

0.64
 --
26 Nov 2014