HK-listed L'Occitane's billionaire owner to take skincare firm private in $1.8b deal

HK-listed L'Occitane's billionaire owner to take skincare firm private in $1.8b deal

Cosmetic products displayed in the window of a L’Occitane cosmetics store in central Paris, France, February 6, 2024. REUTERS/Benoit Tessier/ File photo

Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will 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.

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