daytrading april 8 afternoon, page-64

BBG - Billabong close to $287m deal with Naude

Billabong International is poised to announce it has struck a deal with Paul Naude, the former head of Billabong’s Americas division, and buyout firm Sycamore Partners at 60¢ a share. This values the surfwear retailer at more than $600 million

http://www.afr.com/p/business/companies/billabong_close_to_deal_with_naude_jwTkHOO246fGgunRNKTjHK