L’Occitane World SA’s billionaire proprietor Reinold Geiger and Blackstone Inc. are nearing a deal to take the skin-care corporate non-public, other people aware of the subject mentioned, probably finishing its 14-year run on Hong Kong’s inventory alternate.The arena’s greatest choice asset supervisor might supply debt financing for the buyout, the folks mentioned, asking to not be known as the guidelines isn’t public. A press release might come once within the coming days, they mentioned. Buying and selling of L’Occitane was once suspended in Hong Kong on Tuesday, pending announcement associated with takeover codes.
