L’Occitane to Go Private with Blackstone’s Funding
Tuesday, 9 April 2024, 08:04
L’Occitane Shares Halted in Hong Kong as Blackstone Prepares Funds for Privatisation Bid
L’Occitane’s billionaire owner Reinold Geiger and Blackstone are nearing a deal to take the US$5.6 billion skincare company private, people familiar said. The stock is halted in Hong Kong pending an announcement.
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