Austrian Reinold Geiger rejects takeover plan for L’Occitane – Finanzen & Börse

2023-09-05 16:02:24

The Austrian main owner of the cosmetics group L’Occitane, Reinold Geiger, has canceled its complete takeover. On the Hong Kong stock exchange, where L’Occitane is listed, the stock fell almost 30 percent, but recovered once more. Trading in shares in the French cosmetics company in Austrian hands had previously been suspended on Monday.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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