{"id":21198,"date":"2011-01-26T09:13:21","date_gmt":"2011-01-26T17:13:21","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=21198"},"modified":"2011-01-26T09:14:48","modified_gmt":"2011-01-26T17:14:48","slug":"billabong-a-prime-takeover-target","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=21198","title":{"rendered":"Billabong A Prime Takeover Target?"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/12\/billabong_logo-1.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/12\/billabong_logo-1.jpg','popup','width=210,height=35,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2011\/01\/billabong_logo-1-tm.jpg\" height=\"33\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Billabong Logo-1\" \/><\/a>According to a report from <strong><a href=\"http:\/\/australia.db.com\/australia\/\" target=\"_blank\">Deutsche Bank Australia<\/a><\/strong>, <strong><a href=\"http:\/\/www.billabong.com\/\" target=\"_blank\">Billabong<\/a><\/strong> could be a prime target for a takeover, according to a story in <strong><em><a href=\"http:\/\/www.theaustralian.com.au\/business\/surfwear-retailer-billabong-a-target-deutsche\/story-e6frg8zx-1225995067329\" target=\"_blank\">The Australian<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>Retail analyst <strong>Alexi Baker-McLennan<\/strong> said in a note to clients: &#8220;We think Billabong could be an attractive LBO (leveraged buyout) target. . . &#8220;The company is trading 30 per cent below 12-month highs, highlighting that the stock could be taken out below this level with a reasonable premium. . . &#8220;An LBO of Billabong would not be for the faint-hearted. Billabong is midway through integrating a number of acquisitions, it is rolling out retail stores requiring significant further investment, it remains heavily exposed to currency and the category is undergoing significant structural change.<\/p><\/blockquote>\n<p>What a nice way to help bump up a stock price. Analysts are good that way.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.theaustralian.com.au\/business\/surfwear-retailer-billabong-a-target-deutsche\/story-e6frg8zx-1225995067329\" target=\"_blank\">The Australian<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a report from Deutsche Bank Australia, Billabong could be a prime target for a takeover, according to a story in The Australian. Retail analyst Alexi Baker-McLennan said in a note to clients: &#8220;We think Billabong could be an attractive LBO (leveraged buyout) target. . . &#8220;The company is trading 30 per cent below [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/21198"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21198"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/21198\/revisions"}],"predecessor-version":[{"id":21200,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/21198\/revisions\/21200"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21198"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}