BBG billabong international limited

final bid of $1.80?, page-42

  1. 3,452 Posts.
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    The fact that Ripcurl is receiving unsolicited bids is a good sign for Billabong. Shows that there is interest in the surf/board clothing industry.

    Wonder who is interested in Ripcurl? Perhaps they are looking into Billabong as well? Definitely a possibility.

    Good signs with BBG closing at $1.45, with the market expecting a higher offer.

    Could be less than a week now until TPG finishes due diligence. I think there's a great chance TPG will increase their current offer of $1.50. If that happens, you could even see the share price going above TPG's increased offer (with the market expecting that Bain may offer above TPG's second offer).

    Hope that makes sense!
 
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