By  on June 26, 2008

PARIS — Trading of Groupe Clarins’ stock on the Paris Bourse was suspended todayat the request of the company, which will issue a statement.

However, the French beauty firm would not specify when the statement would be issued.

Clarins' stock stopped trading at 43.72 euros, or $68.76 at current exchange.

There has been longstanding speculation that Clarins might be the subject of a takeover bid by everyone from Estee Lauder Cos and L'Oreal to Procter & Gamble.

However, the majority shareholders, the Courtin-Clarins family has consistently denied its willingness to sell.

For complete coverage, see Friday's WWD.

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