Daily Digest

Billabong to Assess $299 Million Buyout by Sycamore Group

Billabong Spring 2013 Campaign | Source: Billabong

“Billabong International Ltd., the surf-wear maker whose founder last year said he wouldn’t sell for A$1 billion, agreed to assess a A$287 million ($299 million) offer by a group led by Sycamore Partners Management.”