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L'Occitane International S.A. is a renowned international multi-brand group that specializes in manufacturing and retailing premium beauty and wellness products. With a presence in 90 countries and over 3,000 retail outlets, including a plethora of its own stores, the company boasts an impressive portfolio of premium beauty brands such as L'OCCITANE en Provence, Melvita, Erborian, L'OCCITANE au Brésil, LimeLife, ELEMIS, Sol de Janeiro, and Dr. Vranjes Firenze. Committed to sustainability, community investment, and reducing waste, L'Occitane International S.A. holds a B Corporation certification.
L'Occitane International S.A., a skincare and cosmetics company, has received an offer from its controlling shareholder to go private at a price of HK$34.00 per share, representing a premium of 60.83% to the undisturbed 60-trading day average closing price. The proposed €1.7 billion take-private transaction aims to unlock value for minority shareholders and provide flexibility for long-term business decisions. The offeror plans to finance the deal through external debt facilities and additional funding from financial institutions. The transaction would allow the current management team to continue operations and invest in sustainable growth initiatives. It is subject to the evaluation of an Independent Board Committee and approval from minority shareholders.
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