Breakfast Deals: Biting into Billabong

More waves may be in store for Billabong as yet another US hedge fund takes a stake, while CLP Holdings is downbeat on Energy Australia.

Billabong International simply can’t shake the New York hedge funds with yet another player nosing around in its business. Meanwhile, CLP Holdings isn’t talking positive in relation to EnergyAustralia, Westpac Bank is reportedly digging on the Lloyds core business sale in Australia and David Jones and Dick Smith are joining forces over consumer electronics.

Billabong International, Coastal Capital

Surfwear company Billabong International has been booked by the Australian Stock Exchange for speeding as yet another American hedge fund shows its interest in the company.

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