BBG billabong international limited
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July 11 (Reuters) - Billabong International Ltd (BBG) :...

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    11/07/16
    08:36
    Post #: 18237109

    July 11 (Reuters) - Billabong International Ltd (BBG) :

    • Settlement of representative proceedings (BBG)
    • Says entered into an agreement to settle the previously announced shareholder class action proceedings
    • Says "settlement having no material financial impact on the company's financial results at any time"
    • Settlement of AU $45 million is in full and final settlement of the proceedings including interest, litigation costs
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