Bloomberg News

Billabong Rejects $906M Bid From TPG

February 27, 2012

Billabong International Ltd. (BBG), Australia’s largest surfwear company, said talks with TPG Capital have ended after the retailer rejected a sweetened takeover offer of A$841.8 million ($906 million). Shraysi Tandon reports from Sydney on Bloomberg Television's "On the Move Asia" with Rishaad Salamat. (Source: Bloomberg)

Running time 02:18

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