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...LVMH entered watchmaking in 1999 with the acquisition of TAG Heuer and Zenith, when Arnault was five years old....
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...The beauty conglomerate on Monday announced it was exploring “strategic alternatives” for its British skincare unit, which it acquired in 2017 from L’Oréal in a deal valued at €1bn....
...segments — and its potential to grow make it a strong acquisition for L’Oréal....
...L’Oréal has agreed to buy Australian high-end cosmetics group Aesop from its Brazilian owner, in the largest acquisition for the French company in decades....
...Last November, it announced the acquisition of CodaBene, a French start-up whose software helps businesses better manage their inventory....
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...L’Oréal purchased Aesop from Brazilian conglomerate Natura for $2.5bn last year, in a record deal that makes it the French beauty company’s highest-value acquisition to date....
...News round-up L’Oreal on the lookout for further acquisitions after Aesop, says chief (FT) BNP Paribas faces US fine over messaging violations (FT) Barclays shares slide after earnings reflect fading...
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...L Catterton, a consumer-focused investment firm, has hired Peter Chang as managing partner and co-head of private credit. He joins from Oaktree Capital Management....
...Customers buy L’Oréal products in response to the pitch “because you’re worth it”. They need to be: the SkinCeuticals Vitamin C antioxidant serum is hardly a snip at £165 for 30ml....
...Its shares plunged 50 per cent after it said it was exploring strategic options including a potential sale....
..., Les Chalets de l’Arcs....
...There’s a floating restaurant on the lake, a wellness tent and free yoga and a 14-person sauna....
...L’Oréal: Its $2.5bn acquisition of luxury Australian soap maker Aesop is Nicolas Hieronimus’s boldest strategic move as the French group’s chief executive....
...The acquisition of Aimmune extended Nestlé’s reach into healthcare, which is Schneider’s background. He joined the group from German healthcare company Fresenius....
...Segal accuses Goldman of “secretly dealing behind [his] back” by “shop[ping] around” a proposed sale of the larger company as well....
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