BK1202 Cosmetic
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Express News | Li Jiachao: Will seek to open up more “individual tourist” cities to Hong Kong
Hong Kong stocks closed (04.30) | The Hang Seng Index rose slightly by 0.09%, domestic housing and brokerage stocks declined, and Vanke (02202) fell 9% after the performance
After the “six consecutive gains” of Hong Kong stocks, today's upward trend has slowed down. The three major stock indexes rushed higher in early trading and then fell. Only the Hang Seng Index successfully turned red.
Correction to L'Occitane Article on Monday
Reinold Geiger is Austrian. "L'Occitane Owner Offers Buyout That Values Company at $7.48 Billion -- Update," at 1549 GMT on Monday, incorrectly said Geiger was Australian.
L'Occitane Shares Surge After Buyout Bid by Billionaire Owner
L'Occitane International shares surged in Hong Kong after its controlling shareholder offered to take the company private in a bid valuing the business at 6 billion euros (US$6.43 billion).
Hong Kong Stock Afternoon Review | The Hang Seng Index rose slightly by 0.19%, home appliance stocks and coal stocks strengthened, Haier Smart Home rose more than 8%, and Yankuang Energy rose more than 5%
The trend of science and network stocks was divided. Baidu rose nearly 2%, JD fell nearly 2%; shipping stocks rose more than 6%; COSCO Marine Holdings rose more than 6%, and Orient Overseas International rose nearly 5%.
L'Occitane Stocks Surge in Hong Kong After Privatisation Offer
61% premium! L'Occitane announced privatization, ending 14 years of Hong Kong stock listing history
Following the suspension of trading on April 9, L'Occitane shares are expected to resume trading on April 30. L'Occitane Chairman Geiger decided to privatize L'Occitane at a premium of 61% higher than the average price in the 60 days before the public offer. If the acquisition is successful, L'Occitane will be delisted from the Hong Kong stock market, ending its 14-year listing history. On April 30, L'Occitane surged nearly 13%.
Intraday Overview | Petroleum and shipping stocks strengthened, CNOOC rose 4%, and Dongfang Overseas International rose nearly 6%
Auto stocks continued to rise, with Ideal Auto rising more than 3%; coal stocks strengthened, Yankuang Energy rose nearly 4%; and L'Occitane surged nearly 10%.
Express News | Nearly 13% of L'Occitane was privatized by the controlling shareholder
Changes in Hong Kong stocks | L'Occitane (00973) resumed trading nearly 13% and the Group Chairman proposed a 15.25% privatization premium
L'Occitane (00973) resumed trading at nearly 13%. As of press release, it rose 12.88% to HK$33.3 million, with a turnover of HK$113 million.
L'OCCITANE (00973) received a 15.25% premium from the controlling shareholder, privatized and resumed trading on April 30
L'OCCITANE (00973) announced that the company will...
Express News | The Chairman of the L'Occitane Group issued a privatization offer to the company, and the deal was valued at 6 billion euros
L'Occitane Chairman Launches Buyout at €6 Billion Valuation
Consumer Companies Up Amid Deal Activity -- Consumer Roundup
Consumer companies rose amid deal activity. L'Occitane International received an offer from the controlling shareholder group, led by Australian billionaire Reinold Geiger, to buy the company and tak
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....