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1. Billabong to acquire Canadian West 49

Billabong International Limited announced it has entered into a definitive acquisition agreement with West 49 Inc, pursuant to which Billabong will acquire West 49 for C$1.30 (A$1.451) per share, for an enterprise value of approximately C$99.0 million (A$110.4 million)2. West 49, a TSX listed company, is a leading Canadian specialty retailer of apparel, footwear, accessories and equipment related to the youth action sports lifestyle.

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Tags: Billabong, West 49, Retail, Action Sports, Business, Acquistion, Economy
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