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Billabong rejects sweetened bid from TPG

 
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Erika
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PostPosted: Tue Feb 28, 2012 7:06 am    Post subject: Billabong rejects sweetened bid from TPG Reply with quote

-- Billabong rejects sweetened A$841.8 million offer -- U.S. private equity firm was prepared to lift bid to A$3.30/share from A$3/share -- Billabong says talks with TPG have ended (Adds closing share price in 7th paragraph, fund manager comment in 8th-10th.) Australian surf-wear and snow-wear wholesaler and retailer Billabong International Ltd.
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