Summary by Moomoo AI
L'Occitane International S.A. announced its privatization on July 29, 2024, and conducted related share transactions through Goldman Sachs (Asia) Limited on July 26, representing Goldman Sachs Group Limited and its affiliated institutions. According to Rule 22 of the Hong Kong Codes on Takeovers and Mergers, Goldman Sachs (Asia) represents Goldman Sachs Group and its affiliated institutions as an exempt dealer related to the offeror and bought 750 ordinary shares, involving a total amount of $25,425.00 and a unit price of $33.90. The transaction was a hedge activity for Delta 1 products generated or closed out by buy-and-sell orders driven by customer demand.