Correction to L'Occitane Article on Monday

Reinold Geiger is Austrian. "L'Occitane Owner Offers Buyout That Values Company at $7.48 Billion -- Update," at 1549 GMT on Monday, incorrectly said Geiger was Australian.

Dow JonesApr 30 03:35 ET

L'Occitane Shares Surge After Buyout Bid by Billionaire Owner

L'Occitane International shares surged in Hong Kong after its controlling shareholder offered to take the company private in a bid valuing the business at 6 billion euros (US$6.43 billion).

WSJApr 30 00:16 ET

L'Occitane Stocks Surge in Hong Kong After Privatisation Offer

Yahoo FinanceApr 30 00:07 ET

61% premium! L'Occitane announced privatization, ending 14 years of Hong Kong stock listing history

Following the suspension of trading on April 9, L'Occitane shares are expected to resume trading on April 30. L'Occitane Chairman Geiger decided to privatize L'Occitane at a premium of 61% higher than the average price in the 60 days before the public offer. If the acquisition is successful, L'Occitane will be delisted from the Hong Kong stock market, ending its 14-year listing history. On April 30, L'Occitane surged nearly 13%.

wallstreetcnApr 29 22:16 ET

Changes in Hong Kong stocks | L'Occitane (00973) resumed trading nearly 13% and the Group Chairman proposed a 15.25% privatization premium

L'Occitane (00973) resumed trading at nearly 13%. As of press release, it rose 12.88% to HK$33.3 million, with a turnover of HK$113 million.

Zhitong FinanceApr 29 21:24 ET

L'OCCITANE (00973) received a 15.25% premium from the controlling shareholder, privatized and resumed trading on April 30

L'OCCITANE (00973) announced that the company will...

Zhitong FinanceApr 29 20:54 ET