Blackstone and Billionaire Owner on Verge of Taking L’Occitane Private – Huge Deal Announcement Expected Soon!
Hong Kong, China – L’Occitane International SA, owned by billionaire Reinold Geiger, and Blackstone Inc. are reportedly in the final stages of negotiating a deal to privatize the skincare company. This potential move marks the possible conclusion of L’Occitane’s 14-year listing on Hong Kong’s stock exchange. Sources familiar with the matter revealed that Blackstone Inc., the world’s largest alternative asset manager, might offer debt financing for the acquisition. These sources, who chose to remain anonymous …