iCotton raises its stake in Harper Hygienics to 66%

Latvian iCotton has acquired 3,852,200 shares in Harper Hygienics, the WSE-listed producer of skin cleaning products such as cotton pads, in the tender offer. As a result, the company increased its stake by 6.05 percent to 66 percent. The tender offer stood at PLN 1 per share. Earlier in May, iCotton acquired 59.95 percent of the troubled Harper Hygienics from Irish Central European Cotton Holdings for €1.