The offer for this privatization transaction is €48 per share, with new shareholders holding no more than 5% of the shares. The agreement reached is a long-term agreement, including an 8-year lock-up period, and there is no call or put option agreements.

Finding a buyer is not part of their plans.

Investors include private equity fund Arkéa Capital, the private equity arm of Crédit Mutuel Arkéa Group, private equity funds Raise Investissement, and Dzeta Group.

“BOLD helps L’Oréal connect to a global ecosystem of startups and gain early access to disruptive technologies and brands to create the beauty that moves the world. Our ambition: beyond investing, we seek to provide smart support to our startups.”

France has the most camping facilities where they account for more than 33% of the total camping facilities in Europe. According to Campings.com, Dutch and German holiday goers accounted for 16% of internet bookings for campsites in France in 2022.

After this transaction, Accor no longer owns any stake in H World Group Limited.

As early as February 2022, Pinault had acquired a minority stake in Jacquesson through Artémis Domaines. After the completion of this transaction, Pinault became the sole shareholder of the brand.

It can be said that Nicolas Bos is not only the guardian of Van Cleef & Arpels’ century-old jewelry heritage but also the definitive driving force behind its innovation.