Billabong Bidder Drops Out Leaving Sale to TPG

Billabong International Ltd. said a second bidder withdrew from the sale process for Australia’s largest surfwear company, leaving TPG International LLC’s A$694 million ($726 million) offer as the only one on the table.

Sales Check With Hudson's Bay CEO Jerry Storch
58:46 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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