JH Partners sells Jurlique stake to Japanese trade buyer
US private equity firm JH Partners has sold its 30% stake in Australian organic skincare brand Jurlique International to Japanese cosmetics maker POLA Orbis Holdings.
The deal, which is valued at A$300 million ($300 million), sees POLA acquire all of Jurlique's shares, and will include repayment of some of its debts, as the company has been generating net losses for...
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