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L'Occitane set for privatisation as it delists from the Hong Kong Stock Exchange

L'Occitane International, the Hong Kong-listed French cosmetics group, is poised to delist from the stock market after securing support from minority shareholders for its privatisation bid. The company announced on Wednesday that 91.97 per cent of shareholders had accepted the share offer, comfortably surpassing the threshold required to...

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Design

Benetton delisting approaches

Italian fashion company Benetton is within reach of its goal of delisting from the Milan Stock Exchange. The Benetton family's bid for the quarter of the company that it does not yet own has been approved by its advisors, Morgan Stanley. According to Reuters, the majority of analysts do not expect Edizione Holding - the family's holding company...

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