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French beauty brand L'Occitane halts Hong Kong trading over takeover
French beauty brand L'Occitane halts Hong Kong trading over takeover

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 $5.55 billion Hong Kong-listed L'Occitane International rejected last September a buyout offer from Geiger's investment holding company, L'Occitane Group.