L'Occitane to delist from HKEX

After surpassing a shareholder threshold for an offer from chairman Reinold Geiger, L’Occitane International will apply to suspend dealings in the shares from August 7.

Global luxury retailer L’Occitane International’s “disinterested shareholders” have tendered their shares, surpassing “the required threshold for conducting a squeeze-out of shares not tendered to the share offer”, according to a July 23 company media release.

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