BBG billabong international limited
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new offer from gold coast consortium, page-30

  1. hewjet
    813 Posts.
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    13/05/13
    15:49
    Post #: 11757291
    By any measure, this "takeover" is taking aeons to complete. As I read the situation, BBG and Sycamore are trying to screw down lease obligations which is taking time. Shop owners are being offered a reduced rent or nothing which would happen in a bankruptcy. If BBG was American it would be in Chapter 11 reorganising itself. As we in Australia have no such half-way house it's paralysis all around.
    BBG Price at posting: 37.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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