The GuardianQuiksilver owner buys rival surfing brand Billabong for $198mThe GuardianBillabong, which sponsors World Surf League events such as the Pro Tahiti competition, was rescued by Oaktree in 2013 with a refinancing deal but the turnaround hit headwinds. The company posted a A$77.1m post-tax loss last year in the face of stagnant ...and more »