French beauty company L'Occitane on Tuesday halted trading of its Hong Kong-listed shares pending an announcement of a takeover, according to a company notice to the bourse.The buyout would be a take-private deal jointly launched by US private equity giant Blackstone and L'Occitane's billionaire owner Reinold Geiger, Bloomberg reported.The $5.55 billion Hong Kong-listed L'Occitane International rejected last September a buyout offer from Geiger's investment holding company, L'Occitane Group.At... Read this story
