Gordon Stanley Merchant, founder of Billabong, has purchased 104,131 shares...

2015-09-30T00:00:00

Gordon Stanley Merchant, founder of Billabong, has purchased 104,131 shares in the Australian company at a price of 67,570.61 Australian dollars (€42,476.92-$47,495.48). He thus owns 109,036,051 shares in Billabong, giving him a stake of a little over 11 percent. Oaktree Capital Management and Centerbridge Partners are still the largest shareholders, ...

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