Blackstone Inc. (NYSE:BX) is considering a bid for L'Occitane International S.A. (SEHK:973), according to people familiar with the matter. The private equity firm has been conducting preliminary due diligence as it evaluates a potential offer for L'Occitane, the people said. Blackstone is considering the possibility of teaming up with L'Occitane's billionaire Chairman Reinold Geiger on a buyout, according to the people, who asked not to be identified discussing private deliberations.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
124.3 USD | +1.81% | +2.52% | -4.86% |
05:19pm | Promoter group to sell stake worth $316 million in India's Cipla, CNBC-TV18 reports | RE |
03:32pm | Sector Update: Financial Stocks Edge Higher Pre-Bell Tuesday | MT |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
124.3 USD | +1.81% | +2.52% | 92.72B | ||
32.2 HKD | -0.16% | -1.23% | 6.09B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-4.86% | 92.72B | |
+21.99% | 88.95B | |
+19.61% | 27.29B | |
-2.35% | 18.29B | |
+16.56% | 15.67B | |
+3.32% | 15.01B | |
-18.11% | 12.6B | |
+14.76% | 9.39B | |
+25.00% | 9.21B | |
+27.59% | 7.18B |
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