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Investor sells up stake in Oriflame

By Simon Pitman, 17-Aug-2006

Related topics: Business & Financial, Colour Cosmetics, Fragrance, Hair Care, Skin Care

On the back of a significant financial turn around since going private in 1999, Sweden-based cosmetic direct sales company Oriflame has bid good-bye to one of its biggest investors after Industri Kapital 1997 Fund sold the remaining shares it held in the company.

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