September 17, 2012 / 3:38 AM / 5 years ago

Australia's Rip Curl says has received approaches

MELBOURNE, Sept 17 (Reuters) - Australia's Rip Curl surfwear company said on Monday it has received unsolicited approaches from several international companies looking to invest in the privately held firm.

Rip Curl said in a statement it has appointed Bank of America Merrill Lynch to advise on exploring these opportunities and assess the merits of introducing an investor to the group.

Earlier, a source told Reuters that Rip Curl, founded in 1969, could fetch up to A$480 million ($506 million) in a full sale.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below