L’Occitane International SA halted trading in Hong Kong ahead of an announcement that may spell out details on the French skin care company’s potential take-private plan.
The firm said in August that its controlling shareholder was considering a possible deal to take the company private with a minimum possible offer of HK$26 ($3.31) per share. L’Occitane said at the time that it hadn’t received a firm offer and no definitive agreements…