Company News

Chairman Reinold Geiger Makes Offer To Take L’Occitane Private

The intention is to privatize and delist the company from the Hong Kong Stock Exchange, officials said.

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By: Lianna Albrizio

Associate Editor

The board of directors of L'Occitane International SA has confirmed that Reinold Geiger, chairman and director of L'Occitane Group, has made an offer to acquire the remainder of the beauty clmpany that he does not already own. Geiger's intention is to privatize and delist L'Occitane company from the Hong Kong Stock Exchange.    The rationale is to allow the current management team—which would remain in place—to continue operations of the company's business as it ...

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