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Former Billabong International director Paul Naude has offered...

  1. Dustybull
    76 Posts.
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    17/12/12
    11:22
    Post #: 11196641
    Former Billabong International director Paul Naude has offered the stricken surfwear retailer $1.10 a share over the weekend. An announcement is expected shortly.

    Mr Naude has spent the past four weeks shoring up financial backing for a leveraged buyout.

    http://afr.com/p/business/companies/naude_offers_share_for_billabong_p4ZZcvjhXexYFazLGBGYeJ
    BBG Price at posting: 81.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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