Silverwood Brands acquires stake in Lush Cosmetics for £216.8m
The deal is to be satisfied via the issue and allotment of 228,212,632 new ordinary shares to the vendors at a price of 95p per share
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Silverwood Brands has acquired a 19.8% stake in Lush Cosmetics, the prominent manufacturer and seller of handmade skincare goods and cosmetic products, in a £216.8m deal.