houseoffunfreespins2020| L'Occitane: Controlling shareholder offered a premium of 15.25% to acquire shares, with a transaction valuation of 6 billion euros
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Oshudan resumes trading today, and its share price is up 10%. The current price is 32.Houseoffunfreespins2020The Oshudan Group resumed trading today with a turnover of HK $202 million. Its share price rose 10 per cent to HK $32.45, with the total turnover exceeding the HK $200m mark. This resumption of trading compared with the previous suspension, the share price has increased significantly. During the suspension, O'Shudan announced a big news. Controlling shareholder L'OccitaneGroupeS.A. Revealed to the market that it plans to buy shares that Mr. Oshudan has not yet held at HK $34 a share. The price is 15.25% higher than the share price quoted before the suspension, and the overall transaction valuation is as high as 6 billion euros. To complete the massive acquisition, Blackstone's tactical opportunities fund, together with the asset management department of Goldman Sachs, provided about 1.6 billion euros in financial support for the deal. This shows that the two financial giants attach importance to Oshudan's acquisition plan and have firm confidence in its future development. The announcement of the resumption of trading and the acquisition will undoubtedly bring to the marketHouseoffunfreespins2020There was a strong reaction. Investor confidence in Oshudan was greatly boosted, and the sharp rise in share prices confirmed the market's positive response to the news. In the future, with the joint support of these two major shareholders, ou Shudan is expected to usher in broader development opportunities.