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...Natura offloaded luxury Australian beauty outfit Aesop to industry rival L’Oréal earlier this year on an enterprise value of $2.5bn....
...Nimmo said Interpath was looking at opportunities to expand into continental Europe and the US, which could include further acquisitions....
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at. Spain’s largest IPO in years is so far looking good. andrew.whiffin@ft.com...
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...French luxury group Kering’s€3.5bn acquisition of fragrance brand Creed fetched a multiple of about 23 times ebitda, while L’Oréal snapped up Aesop — the minimalist maker of high-end soaps — in a $2.5bn...
...The regulator has given the parties five working days to allay its concerns about the acquisition before opening an in-depth probe of the deal that could last about six months....
...Beauty groups L’Oréal and Shiseido have long made waves with their splashy acquisitions, but their little-known Spanish peer Puig has also got in on the act by pitching itself to brand founders as a “flexible...
...Cosmetics groups including L’Oreal have driven prices up for a small number of prime acquisition targets....
...Puig is small compared with sector-leading peers L’Oréal and Estée Lauder, but has grown rapidly through acquisitions in the past decade, striking 11 deals in the past 12 years....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...Now, in its first category expansion since the acquisition, APC is getting into the beauty game as it introduces a new bodycare line....
...Last year it bought a majority stake in Germany’s Italian-themed restaurant chain L’Osteria and signed a deal with the high-end French-owned chain Big Mamma....
...Brazilian company Natura paid €1bn to acquire the business from L’Oréal in 2017....
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...advertising slogan delivered by celebrities such as Samuel L Jackson and Jennifer Garner, is the 12th-biggest US bank by assets....
...Not everyone gets great results from retinol or from vitamin C, but we know the majority will. That’s just how it is.”...
...Overall it claimed a net annual return on acquisitions from 2018-22 of between 11 and 13 per cent....
...But a number of brands have addressed this problem cleverly, such as The Nue Co Topical-C, which uses the most stable form of vitamin C, L-ascorbic acid, in a powder form, and in an opaque bottle that’s...
...for set of three, matchesfashion.com Lukhanyo Mdingi viscose-mix knitted fringed maxi dress, £1,495, net-a-porter.com Ulla Johnson cotton Freda embroidered shorts, £342, net-a-porter.com Dior raffia C’...
...L’Oréal’s $2.5bn acquisition of luxury beauty brand Aesop is right on trend. For all the glitz and glamour of this sector, L’Oréal is not overpaying for the Australian brand....
...Then there was the failed attempt by Italy’s Fincantieri to buy French shipyard Chantiers de l’Atlantique from South Korea’s STX also in 2017....
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
...applied on other acquisitions, such as Kiehl’s and CeraVe....
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