L’Occitane International SA (HK:0973) has released an update.
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L’Occitane International S.A. has completed the compulsory acquisition of all outstanding shares not already owned by L’Occitane Holding S.A., effectively making the company a wholly-owned subsidiary as of October 15, 2024. The consideration for the acquisition has been paid into a trust account, with payment procedures detailed in the Compulsory Acquisition Notice available on the company’s website. Shareholders affected by the acquisition have until December 31, 2024, to claim their consideration.
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