L’Occitane owner weighs buyout to take skin-care firm private

Billionaire chairman Geiger has been exploring various financing options for the potential deal, sources said. — Bloomberg

PARIS: L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge of the matter say.

Billionaire chairman Reinold Geiger is studying the possibility of buying out minority shareholders of the Hong Kong-listed group, the people said, asking not to be identified because the information is private.