Rip Curl ponders sale

2012-09-19T00:00:00

Rip Curl has hired Bank of America Merrill Lynch to study unsolicited takeover offers from several international companies. Australian newspapers estimated that such a deal could fetch up to 480 million Australian dollars (€384.7m-$504.7m), equivalent to 10 times the Australian board sports brand's projected Ebitda for the fiscal year to ...

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