Art & Fragrance has resumed full ownership of Lalique
January 10, 2011
The buyback by Art & Fragrance SA (BX:ARTN) of the 49.2% holding of Financière Saint Germain (FSG) in Lalique SA, which was announced on 15 November 2010, has been closed today. The repurchase price of EUR 20.5 million is equivalent to the original selling price. Art & Fragrance now again holds 99.3% of the renowned French company.