Golden Flag Advises J.P. Morgan on Privatisation of L’Occitane

Golden Flag International Law Firm is advising J.P. Morgan Securities (Asia Pacific) Limited as exclusive financial adviser to the offeror, L’Occitane Groupe S.A., on the proposed privatisation of L’Occitane International S.A. (HKSE: 973). L’Occitane is a global leader in the premium beauty market with more than 3,000 retail outlets, including approximately 1,300 owned stores across 90 countries. 

The transaction will be funded through a combination of external debt facilities provided by Crédit Agricole Corporate and Investment Bank (CA-CIB), with additional financing capital provided by funds managed by Blackstone Inc. and its affiliates and Goldman Sachs Asset Management International or its affiliates.

Read L’Occitane’s announcement