SYDNEY — The battle for Billabong is over, with U.S. hedge funds Oaktree Capital Management and Centerbridge Partners set to take a 40.8 percent stake of the company.
At an extraordinary general meeting at Billabong’s Gold Coast, Queensland, headquarters on Thursday, 92.55 percent of proxy votes were in favor of issuing 329 million shares to the consortium at 41 Australian cents, or 36 cents, each for 135 million Australian dollars, or $119 million, partial payment of a $360 million debt and equity rescue deal initially proposed in September.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)