Centerbridge Partners and Oaktree Capital Management have increased their stake in Billabong International Limited for the second time this month, according to filings.
The two private equity companies together own 38.5% of Billabong’s stock, up from 37.4%. The two firms combined now own 381.1 million shares.
Billabong’s current stock price is 60 cents in Australian currency. In the past 52 weeks, the price has ranged from 43 cents to 74 cents.
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