Bain Matches TPG Offer With $711M Billabong Buyout Bid
The beleaguered Australian clothing company confirmed the offer, but did not reveal the bidder identified by several news outlets as Bain. The Boston-based private equity powerhouse did not answer requests for comment on Thursday.
Bain’s unsolicited offer comes two months after TPG International LLC lobbed its matching AU$1.45-per-share bid...
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