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US investment giant Blackstone, billionaire Reinold Geiger consider taking L'Occitane International private in a deal with a probable 20% premium over its closing price; formal announcement is expected soon

L'Occitane halts Hong Kong trading pending an announcement of a takeover, according to a company notice; buyout would be a take-private deal jointly launched by US private equity giant Blackstone and L'Occitane's billionaire owner Reinold Geiger

Investment firm Blackstone reportedly in discussions with Jersey Mike's to buy the sandwich chain's 2,700 US locations in a US$8B deal

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