Deja vu – Quiksilver collapse shines spotlight on Billabong

Original article by Carrie LaFrenz, Sue Mitchell
The Australian Financial Review – Page: 17 & 23 : 10-Sep-15

The Australian operations of global surfwear group Quiksilver will not be affected by a move to place its US division into Chapter 11 bankruptcy protection. US-based Oaktree Capital will refinance the US division and will become Quiksilver’s largest shareholder. Oaktree also holds an 18.7 per cent stake in Australian-listed Billabong International, but Quiksilver president Greg Healy has ruled out a merger between the two companies.

CORPORATES
QUIKSILVER INCORPORATED, OAKTREE CAPITAL MANAGEMENT LLC, BILLABONG INTERNATIONAL LIMITED – ASX BBG, CENTERBRIDGE PARTNERS LP, AUSTRALIAN FOOTBALL LEAGUE, ROSSIGNOL, ROXY CLOTHING, DC SHOES INCORPORATED, NEW YORK STOCK EXCHANGE

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