Billabong International has raised 291 million Australian dollars (€166.3m-US$233.6m) from...

Billabong International has raised 291 million Australian dollars (€166.3m-US$233.6m) from institutional and retail investors in a 2-for-11 share deal valuing each share at A$7.50 (€4.29-$5.94). About A$200 million of the proceeds will be used to reduce the company’s total debt level to approximately A$450 million (€257.1m-$356.7m). Faced with poor orders ...

Already an SGI Europe subscriber? Sign in here

Gated access promo

Limited Time Offer!

Subscribe today with 50% off your first year. Cancel at anytime

  • Insights you won’t find anywhere else about sporting goods brands and retailers and the sporting goods market
  • Highly trusted business information you can rely on to make important decisions
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

 

To continue reading this article Register Now. If you are interested in a Team or Corporate subscription, click here to find out more