Billabong Gets Rival $556 Million Offer

Billabong International Ltd., Australia’s largest surfwear maker, received a takeover offer from VF Corp., the maker of Lee jeans, and Altamont Capital Partners that matches a A$527 million ($556 million) bid from one of its directors.
Watch Japan Launch Satellite to Track North Korea
15:12 - Brendan Greeley highlights photos that illustrate top stories from around the world. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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