Correction to L'Occitane Article
The offer values the company at $6.42 billion. "L'Occitane Owner Offers Buyout That Values Company at $7.48 Billion -- Update," at 1549 GMT, gave the incorrect valuation in the headline and the first
L'OCCITANE (00973) plans to sell all interests in Grown Alchemist for €28.352,800
Zhitong Finance App News, L'OCCITANE (00973) issued an announcement. On April 2, 2024, the company announced that it had signed a sales agreement with Lavender Investments Limited (André Hoffmann's wholly-owned controlled enterprise) on the GA sale on March 28, 2024. The target equity is the company's direct and indirect ownership of all of Grown Alchemist's interests. The cost of acquiring the shares in Grown Alchemist and the financing loan payable was 2835.2
L'Occitane's Billionaire Owner to Take Firm Private in $1.8 Billion Deal
As part of the deal, Austrian billionaire Geiger's investment holding company will pay HK$34 for each share not already owned, representing a 30.8% premium.
Billionaire Launches L'Occitane Buyout at $6.4 Billion Valuation
L'OCCITANE (00973.HK) received a 15.25% premium from the controlling shareholder and offered to resume trading tomorrow
Gelonghui, April 29 | L'OCCITANE (00973.HK) announced that on April 8, 2024, the offender L'Occitane Groupe S.A. informed the board of directors that the offender intended to make a definite conditional voluntary comprehensive offer for all offered shares based on the share offer, and to make appropriate arrangements for all rewards (i.e. already owned share options and liquidity arrangements) in accordance with Rule 13 of the Takeovers Code. On the date of the announcement, the Offeror Group held 1,071,328,991 shares (equivalent to about 72.6 of the total issued and issued foreign share capital of the company
L'Occitane International S.A. Announces Offer From Controlling Shareholder to Take Company Private
The Board of Directors (the "Board") of L'Occitane International S.A. (the "Company"), (Stock Code: 0973.HK) today announced that L'Occitane Groupe S....
L'Occitane receives privatization offer
Glonghui, April 29 | Skincare brand L'Occitane received a privatization offer, and the other party proposed privatization of HK$34 per share in cash.
Express News | The skincare brand L'Occitane International SA (L'Occitane International SA) received a privatization offer, and the other party proposed privatization at HK$34 per share in cash.
Express News | The skincare brand L'Occitane International SA (L'Occitane International SA) has received a privatization offer.
On April 29, according to foreign media quoting people familiar with the matter, L'Occitane (L'Occitane International SA) owner Reinold Geiger is considering buying L'Occitane's shares at a price of HK$33 to HK$34 per share as early as April 29, which may
On April 29, according to foreign media quoting people familiar with the matter, L'Occitane (L'Occitane International SA) owner Reinold Geiger is considering buying L'Occitane's shares at a price of HK$33 to HK$34 per share as early as April 29, which may bring about 6.5 billion euros (US$7 billion) of corporate value to L'Occitane. Blackstone's Tactical Opportunities Fund and Goldman Sachs Group's asset management division will fund the acquisition deal with around 1.6 billion euros
L'Occitane International Owner Close to $7 Bln Buyout Deal, Bloomberg Reports
-- L'Occitane International owner Reinold Geiger is expected to announce a deal to take the skin-care company private as early as Monday, Bloomberg reported citing unnamed sources. -- Geiger would be
Express News | Blackstone Group and Goldman Sachs Asset Management plan to provide €1.55 billion in financing to support L'Occitane's privatization.
Billionaire Geiger is rumored to privatize L'Occitane (00973) with a deal worth about 7 billion US dollars
The Zhitong Finance App learned that according to reports, the billionaire owner of L'Occitane (00973) will make a proposal to privatize the French skincare company as early as Monday, including debt. The deal valued the company at about 7 billion US dollars. People familiar with the matter said that Chairman Reinold Geiger's investment holding company L'Occitane Groupe SA (L'Occitane Groupe SA) is considering buying shares in the Hong Kong listed company that he does not yet hold at a price of HK$33 to HK$34 per share. According to two sources, earlier this month, there were reports that G
Express News | L'Occitane's majority shareholder is reported to be proposing a privatization deal worth about 7 billion US dollars
L'Occitane's Owner Is Said to Prepare Buyout Offer
UPDATE 1-L'Occitane's Billionaire Owner Close to Possible $7 Bln Buyout Bid, Bloomberg Reports
Billionaire Geiger Is Said to Near $7 Billion L'Occitane Buyout
Express News | Billionaire Geiger is reportedly going to buy L'Occitane for nearly $7 billion. (Bloomberg)
Update: Market Chatter: Blackstone Close to Deal to Take L'Occitane Private
(Updates with L'Occitane's response in the third paragraph.) Blackstone (BX) is close to securing a funding deal with L'Occitane owner Reinold Geiger to take L'Occitane private, Bloomberg reported lat
Market Chatter: L'Occitane Chairman Makes Second Attempt at Privatization
L'Occitane International (HKG:0973) chairman and controlling shareholder Reinold Geiger is making a second attempt to take his company private, Reuters reported Tuesday, citing two sources with knowle
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