L’Occitane International SA (HK:0973) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
L’Occitane International S.A. has announced a revised proposal for privatization, with J.P. Morgan Securities facilitating a Share Offer allowing shareholders to opt for either a cash alternative or share alternative in a newly formed holding company. The deal includes arrangements for outstanding and unvested shares, with the note that any securities in the private company will be illiquid, as there are no current plans for these to be re-listed on any stock exchange.
For further insights into HK:0973 stock, check out TipRanks’ Stock Analysis page.