Billabong weighs up rival offers BILLABONG is weighing up whether to ditch an agreed recapitalisation offer with US private equity fund Altamont Partners for a more generous offer that could leave it without a chief executive. Two other US funds, Centerbridge and Oaktree, said their recapitalisation plan would save the company up to $143 million compared with the $325m Altamont deal and leave it with much lower levels of debt.