L'Occitane's billionaire owner to take firm private in $1.8 bln deal-March 2024-www.financetom.com

L'Occitane's billionaire owner to take firm private in $1.8 bln deal

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L'Occitane's billionaire owner to take firm private in $1.8 bln deal

Apr 29, 2024 8:09 AM

April 29 (Reuters) - Hong Kong-listed L'Occitane

International's 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)

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