P-E firm TPG Capital offers to buy out Billabong (BLLAY.PK) for A$765M ($823M), a 68% premium to Billabong's previous close. Billabong's share price plunged after it cut forecasts on Dec. 19, but the company is rejecting TPG's bid in hopes the sale of its majority stake in its Nixon brand will help "stabilize" its balance sheet.
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs