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Lush in legal dispute with former CEO over shares transfer
Investment firm Silverwood Brands, headed by former Lush chief executive Andrew Gerrie, has accused the cosmetics retailer of failing to acknowledge a 19.8% transfer of shares.
In December 2022, Silverwood announced that it would be acquiring a 19.8% stake in Lush Cosmetics and Cosmetics Warriors for a total of £216.8m payable in Silverwood shares.
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