Oriflame - comment
The ad-hoc group holding close to 75% have signed a cooperation agreement and advisors Moelis are out asking holders to contact them to drive the proportion even higher. In light of preparations at the company to raise capital against its better subsidiaries and assets, we think that is a very good idea. Moelis are available at +44 7552 645 867 (FAO Marcel Brouwer) / +44 7551 989 518 (FAO Akshat Mathur).