Billabong Says TPG Withdraws Takeover Offer

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ac2026
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Billabong Says TPG Withdraws Takeover Offer

Post by ac2026 » Fri Oct 12, 2012 9:49 am

Announcement just released to the market

MORE TO FOLLOW) Dow Jones Newswires
October 11, 2012 18:34 ET (22:34 GMT)
DJ TPG Withdraws A$695M Billabong Bid

By Ross Kelly

SYDNEY--TPG Inc. has withdrawn a 694.5 million Australian dollar (US$712.7 million)
takeover bid for Billabong International Ltd. (BBG.AU), the surfwear maker said Friday.
Billabong didn't give a reason for why the private-equity firm had walked away.
Earlier this month, it said it was working through "concerns" identified by TPG
during due diligence.
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Glamarama
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Re: Billabong Says TPG Withdraws Takeover Offer

Post by Glamarama » Fri Oct 12, 2012 1:44 pm

mate why are you causing trouble?

business announcements relating to all things billibong are reserved for hollowout
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Hollowed out
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Re: Billabong Says TPG Withdraws Takeover Offer

Post by Hollowed out » Fri Oct 12, 2012 2:33 pm

Glamarama wrote:mate why are you causing trouble?

business announcements relating to all things billibong are reserved for hollowout
Aww shucks Glam, your support is very touching
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