Centerbridge Partners and Oaktree Capital Management have increased their stake in Billabong International Limited, according to recent filings.
The two private equity companies together now own 37.4% of Billabong’s stock, up from 36.2%. The two firms combined now own 370.6 million shares.
Billabong’s current stock price is 57 cents in Australian currency. In the past 52 weeks, the price has ranged from 43 cents to 74 cents.
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