L’Occitane in advanced talks on US$6.5bil buyout
PARIS: L’Occitane International SA’s controlling shareholder is in advanced talks on a potential deal to take the skin-care company private at a valuation of around US$6.5bil, people familiar with the matter say. Billionaire chairman Reinold Geiger has been discussing a possible offer of about HK$35 for each L’Occitane share he doesn’t already own, said the people,...