Finding hidden value in Billabong

The recent sale of its Nixon business freed up Billabong's balance sheet, but more importantly suggested the market has seriously undervalued the surfwear retailer.

With private equity giant TPG reaffirming its willingness to consider an offer of $3 a share, Ted Kunkel and his colleagues on the board of Billabong International have an interesting and difficult decision to make.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles