BBG billabong international limited

By any measure, this "takeover" is taking aeons to complete. As...

  1. 811 Posts.
    lightbulb Created with Sketch. 35
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.