Blackstone and L'Occitane's owner Reinold Geiger near privatizing L'Occitane, ending its 14-year stock exchange run.

Blackstone and L'Occitane's billionaire owner Reinold Geiger are reportedly close to privatizing the skin-care company, potentially ending L'Occitane's 14-year run on Hong Kong's stock exchange. If the deal is completed, Blackstone may provide debt financing for the acquisition, and an announcement could be made within days. L'Occitane trading was halted in Hong Kong to await a takeover code-related announcement.

April 09, 2024
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