Billabong International has announced the settlement of a litigation initiated...

2016-07-29T00:00:00

Billabong International has announced the settlement of a litigation initiated in 2015 by shareholders who acquired shares in the company between February and December 2011. Billabong says the case will cost it 45 million Australian dollars (€30.5m-$33.7m) but will have no material impact on its results.

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