Billabong Buys One Company, Eyes Another

2010-07-13T00:00:00

Billabong International has reached a tentative deal to buy RVCA, a young California lifestyle brand. Financial detail weren’t released, but reports have the price at $30 million, or about the same as the company’s sales. RVCA is expected to contribute about 2 percent of Billabong’s total turnover.

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