Way clear for Oaktree to control Quiksilver

2016-02-05T00:00:00

Oaktree Capital Management has received the green light to become the majority shareholder of Quiksilver. The U.S. bankruptcy court for the District of Delaware approved a reorganization plan under which the company's secured bondholders will forgive $279 million in debt in exchange for shares. Oaktree, which also has a stake ...

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