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Takeover offers for Billabong (BLLAY.PK) have come in lower than anticipated, according to the...

Takeover offers for Billabong (BLLAY.PK) have come in lower than anticipated, according to the Australian Financial Review. Sycamore Partners entered a bid of A$0.60 per share while U.S. retailer V.F. Corp (VFC) came in at A$0.50 per share.
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