This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Mergers & Acquisitions

Feb. 22, 2012

S&C represents Billabong on joint venture deal

Sullivan & Cromwell LLP advised Australia-based Billabong International Ltd. on a deal that will keep the company public after it rejected an $824 million takeover bid from private equity fund TPG Capital.


By Robert Pierce


Daily Journal Staff Writer


PALO ALTO - Sullivan & Cromwell LLP advised Australia-based Billabong International Ltd. on a deal that will keep the company public after it rejected an $824 million takeover bid from private equity fund TPG Capital.


Surfing apparel-maker Billabong agreed to sell a 48.5 percent stake in watchmaker Nixon Inc. to New York-based private equity fund Trilantic Capital Partners and another 3 percent t...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up