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International Business Times

AFP News

French Beauty Brand L'Occitane Halts Hong Kong Trading Over Takeover

Hong Kong LOccitane Blackstone

L'Occitane on Tuesday halted trading of its Hong Kong-listed shares pending an announcement of takeover (Credit: AFP)

French beauty company L'Occitane on Tuesday halted trading of its Hong Kong-listed shares pending an announcement of a takeover, according to a company notice to the bourse.

The buyout would be a take-private deal jointly launched by US private equity giant Blackstone and L'Occitane's billionaire owner Reinold Geiger, Bloomberg reported.

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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