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Blackstone Said to Consider Bid for Skincare Company L’Occitane

Blackstone Inc. is considering a bid for skincare company L’Occitane International SA, according to people familiar with the matter.
L'Occitane store in Arles.
Blackstone is considering the possibility of teaming up with L’Occitane’s billionaire chairman Reinold Geiger on a buyout. (Shutterstock)

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.

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