03.05.2010 - L'Occitane raises $707 mln in Hong Kong IPO
From WSJ: French skincare and personal-care retail chain L'Occitane International SA raised 5.49 billion Hong Kong dollars (US$707.0 million) from its Hong Kong initial public offering. China Investment Corp., China's US$300 billion sovereign-wealth fund, had invested US$50 million in the offering, according to L'Occitane's IPO listing prospectus. The IPO, the first in Hong Kong by a French company, is the latest by a foreign company seeking to take advantage of Asia's high economic growth and stock-market valuations when choosing a location for its primary listing............................................Full Article: Source
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