By  on April 23, 2013

SYDNEY — Billabong International Ltd has extended exclusive takeover talks with a consortium led by its former Americas division head for an additional ten days.

The consortium, which is comprised of Paul Naudé and US private equity firm Sycamore Partners, has requested an extension of the original 10-day talks period that expired on April 23, according to a statement released to the Australian Securities Exchange on Wednesday morning.

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