L'Occitane's billionaire owner to take firm private in $1.8 bln deal

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- Hong Kong-listed L'Occitane International's 0973.HK chairman and controlling shareholder has decided to take the French skin-care firm private, valuing it at a maximum of HK$13.91 billion ($1.78 billion), the company said on Monday.


($1 = 7.8265 Hong Kong dollars)


(Reporting by Roushni Nair and Himanshi Akhand in Bengaluru; Editing by Krishna Chandra Eluri and Sherry Jacob-Phillips)

((Himanshi.Akhand@thomsonreuters.com))

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