Advent is interested in French beauty retailer L’Occitane: Financial Times

L’Occitane, the French beauty retailer, has attracted the interest of private equity firms including Advent International, the Financial Times is reporting. It was not clear if there was a formal sales process for L’Occitane, which makes and sell beauty products. L’Occitane has a market value of $2.7 billion, the story said.