Billabong takeover deal 'as good as it gets' SHARES in takeover target Billabong International have slumped to a record low, as investors took poorly to the news the once multibillion-dollar company was to be sold for as little as 60c a share. While the board has yet to explain the rationale behind its decision to entertain a deeply discounted buyout offer, investment analysts have panned the deal as "weak" but "as good as it will get" for long-suffering shareholders.