Private investors want to own Rip Curl
Private equity firms are trying to buy Rip Curl, following the wave of interest that is flowing through direct competitor Billabong. Rip Curl, the iconic Australian surf brand founded in 1969 by Doug Warbrick and Brian Singer, may have a new owner, after several approaches from potential bidders, in the last weeks. Established in Torquay, […]
Private equity firms are trying to buy Rip Curl, following the wave of interest that is flowing through direct competitor Billabong. Rip Curl, the iconic Australian surf brand founded in 1969 by Doug Warbrick and Brian Singer, may have a new owner, after several approaches from potential bidders, in the last weeks. Established in Torquay, Victoria, Rip Curl is one of the biggest surf companies in the world and could be sold for $500 million. “The board recognises that if any such investment were to occur, it would need to be consistent with our objectives of ensuring our company values and brand values are respected, supporting our staff and being in the interests of our shareholders,” Rip Curl said.
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Private investors want to own Rip Curl
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