L'Occitane's billionaire owner to take firm private in $1.8 bln deal
29/04/2024 15:42
April 29 (Reuters) - Hong Kong-listed L'Occitane
International's 0973.HK chairman and controlling shareholder
has decided to take the French skin-care firm private, valuing
it at a maximum of HK$13.91 billion ($1.78 billion), the company
said on Monday.
($1 = 7.8265 Hong Kong dollars)
(Reporting by Roushni Nair and Himanshi Akhand in Bengaluru;
Editing by Krishna Chandra Eluri and Sherry Jacob-Phillips)
((Himanshi.Akhand@thomsonreuters.com))