Foresight: A customer browses products on sale at a L’Occitane store in central Paris. Geiger is speaking to advisers about the possibility of relisting the company on a European exchange as soon as next year, depending on market conditions. — Bloomberg
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, who asked not to be identified as the information is private.
