DHD is inviting people to become shareholders of the Australian surf company through equity crowdfunding. The firm founded by master shaper Darren Handley is offering between 20,000 to 100,000 ordinary shares at A$25 each. DHD seeks to attract a total investment of between A$500,000 and A$2,500,000 equivalent to 2.4 and 11.1 percent of the company. […]
American investment management firm Oaktree Capital Management announced the full acquisition of the Australian surf company Billabong. The deal is worth $299m (A$380), and has been officially confirmed by Billabong International Limited. Oaktree already holds 19 percent of the shares in Billabong. The acquisition is made through Boardriders, the firm owned by Oaktree that controls Quiksilver, […]
Portugal’s first Wavegarden surf pool will be built in Vila Nova de Gaia, in the north of the country. The artificial wave park is set to be installed in a camping area, near Madalena, less than 500 meters away from the local beach. Vila Nova de Gaia, shortly known as Gaia, is a Portuguese city […]