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Germany/France: Perfume company Nocibe may be nearing buyout agreement

By  |  October 18, 2013

France’s perfume and cosmetics company Nocibe is reportedly up for grabs, with Germany’s Douglas closing in on the deal.

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    Reports say Douglas is nearing finalization of an acquisition of the French company, reports said Friday, citing unnamed sources.

    Reports say Nocibe is valued at up to $751 million.

    Media reports that a buyout deal has not been finalized, and such an acquisition would require regulatory clearance.

    Despite the news, LBO France is reportedly also interested in acquiring Nocibe.

    Full content: Reuters

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