Blackstone nears take-private deal for L'Occitane, Bloomberg News reports
09/04/2024 03:11
April 9 (Reuters) - Blackstone Inc BX.N is nearing a
take-private deal for Hong Kong-listed skincare company
L'Occitane International SA 0973.HK , Bloomberg News reported
on Tuesday, citing people familiar with the matter.
The French cosmetics company earlier in the day halted
trading in its Hong Kong shares ahead of an announcement that
may potentially spell out details on any takeover plans.
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Sherry
Jacob-Phillips)
((Rishav.Chatterjee@thomsonreuters.com;))