Blackstone nears take-private deal for L'Occitane, Bloomberg News reports-March 2024-www.financetom.com

Blackstone nears take-private deal for L'Occitane, Bloomberg News reports

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Blackstone nears take-private deal for L'Occitane, Bloomberg News reports

Apr 8, 2024 7:28 PM

April 9 (Reuters) - Blackstone Inc ( BX ) is nearing a

take-private deal for Hong Kong-listed skincare company

L'Occitane International SA, 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.

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