L'Occitane Raises $707M In Hong Kong IPO
The company sold a 25 percent stake of 364.12 million shares at HK$15.08 each, the Financial Times reported, citing someone familiar with the deal. That amount was at the high end of what L'Occitane had expected to raise, saying before the offering that its price range ran between HK$4.69 billion to HK$5.49 billion.
The Provence, France-based company...
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