L'Occitane group would soon be bought by Blackstone, according to Bloomberg. Pending an official announcement, the group's listing was suspended on the Hong Kong Stock Exchange today.
Last year, a takeover project had already failed, after a refusal from the chairman of the board of directors. The group notably owns the brand of the same name, founded in 1976, as well as Melvita, bought in 2008, and Erborian, in 2012. It had, during its introduction, raised more than $700 million.