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.
The Growth of the Action Camera Market
06:38 - Ricoh Imaging's Jim Malcolm, iON Worldwide CEO Giovanni Tomaselli and 360fly CEO Peter Adderton discuss the growth of the action camera market with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)
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