Billabong Receives Buy Out Proposal from VF Corporation
VF Corporation and Altamont Capital Partners (Altamont) have submitted a non-binding, joint letter of interest setting forth preliminary indicative terms to acquire all of the issued securities in Billabong International Limited (BBG.AX) (Billabong) for AUD $1.10 per share in cash. Billabong has agreed to allow…
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