Billabong in trading halt

Shares in troubled retailer Billabong have been placed in a trading halt before an update about its potential takeover. Billabong is in talks with the Sycamore consortium, made up of the retailer's US-based executive Paul Naude and private equity firm Sycamore Partners, which has offered $287 million for the retailer. The talks are due to end on Wednesday.

By InvestSMART · 8 May 2013

By InvestSMART ·
8 May 2013

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Shares in troubled retailer Billabong have been placed in a trading halt before an update about its potential takeover. Billabong is in talks with the Sycamore consortium, made up of the retailer's US-based executive Paul Naude and private equity firm Sycamore Partners, which has offered $287 million for the retailer. The talks are due to end on Wednesday.

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Billabong in trading halt

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