L'Occitane stocks surge in Hong Kong after privatisation offer
Shares in French skincare giant L'Occitane jumped almost 13 percent in Hong Kong on Tuesday as they resumed trading after its owner offered to take it private. The offer, submitted with the support of US private equity giant Blackstone, concerns nearly 28 percent of the shares.
Shares in French skincare giant L'Occitane jumped almost 13 percent in Hong Kong on Tuesday as they resumed trading after its owner offered to take it private. The offer, submitted with the support of US private equity giant Blackstone, concerns nearly 28 percent of the shares.
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Phillimon Sefake
Phillimon Sefake is a creative writer and literary scholar
