L'Oreal In Talks To Pay $314M For Shiseido Spa Brands
Both companies are consulting their employee representatives, and based on those results, they will submit the transaction to regulators. L'Oreal called the spa companies "inspirational and complementary," and said they grew into some of the world's largest cosmetic providers under Shiseido's management.
"Decleor and Carita are two beautiful, prominent beauty institute brands, particularly well-established in Western...
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