Billabong Hopes Takeover Offer Won't Wipe Out

Billabong Hopes Takeover Offer Won't Wipe Out Play

Billabong International Ltd., the surfwear company that’s been targeted by TPG International LLC and Bain Capital LLC this year, received a takeover bid from director Paul Naude backed by Sycamore Partners LLC, two people with knowledge of the matter said.

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