Business|Beauty FeaturedMember
L'Oréal acquires Aesop for 2.5bn dollars
Aesop, the Australian-founded luxury beauty company, has been acquired by L’Oréal in a deal valued at 2.5 billion dollars. Brazilian cosmetics group Natura & Co, which also owns the Avon and Body Shop brands, is selling the brand 10 years after it acquired a 65 percent stake in 2013. The transaction is significant for L’Oréal and marks one of...
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