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Back the bid: Oriflame urges shareholders to accept founders’ offer - Global Cosmetics News
Oriflame’s Independent Bid Committee is advising shareholders to accept the proposed takeover by the Swedish direct sales company’s founders, according to a press release issued by the company. However, the statement did reveal that the committee does not believe the offer made by Walnut Bidco, which is owned by the Af Jochnick family, to reflect …