Billabong International has taken 100 percent control over Surfection, a...

Billabong International has taken 100 percent control over Surfection, a retailer based in Sydney that had been run as part of a joint venture between Billabong and interests associated with another retailer, Chris Athas. Billabong issued 1.06 million new ordinary shares at 3.72 Australian dollars (€2.71-$3.59) apiece to raise funds ...