Billabong International Ltd. ADROTCPK - Current
Advanced Chart
  • Apr. 5, 2013, 8:50 AM
    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.
    | Apr. 5, 2013, 8:50 AM
  • Jan. 14, 2013, 8:01 AM

    In a statement confirming its participation in a bid for Billabong (BLLAY.PK), V.F. Corp. (VFC) says its primary interest in the transaction is the Billabong surfwear brand. The company is quick to note the proposal is not a binding offer.

    | Jan. 14, 2013, 8:01 AM
  • Jan. 14, 2013, 7:24 AM
    Billabong (BLLAY.PK) says it received a competing buyout offer from a group of U.S. investors that includes V.F. Corp. (VFC). The Australian surfwear company will take six weeks to evaluate the competing bids it has in front of it.
    | Jan. 14, 2013, 7:24 AM
  • Feb. 27, 2012, 2:43 AM

    Billabong (BLLAY.PK) rejects TPG Capital's A$765M ($823M) offer, saying it doesn’t reflect the "fundamental value" of Billabong with a change in control and that Gordon Merchant, Billabong's founder and largest shareholder with a 15% stake, wouldn't accept such a low price. Billabong closed +4.8% in Aussie trading.

    | Feb. 27, 2012, 2:43 AM