This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please ...
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L'Oreal clinches $4.7bn deal for Kering’s beauty business in strategic shift
This is the first major gambit by new CEO Luca de Meo as he stamps his mark on the luxury group and cuts back its debt ...
CNW/ - Solving Canada's housing crisis requires immediate action to build up supply and bring down costs. The Government of ...
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Gucci-owner Kering sells beauty unit to L'Oreal for $4.7 billion as de Meo targets debt pile
Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major ...
Shares in Kering, the French luxury group that owns Gucci and other brands, jumped sharply on Monday after it announced a 4 billion euros ($4.66 ...
Project CRYSTAL aims to develop a safe, all-weather eVTOL propulsion system that can fly in conditions that most helicopters ...
Gucci owner Kering is selling its beauty division to L'Oreal for 4 billion euros. This major deal includes the fragrance ...
Gulf Business on MSN
Kering sells beauty unit to L’Oreal for $4.7bn as de Meo trims debt
Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, which former CEO Francois-Henri ...
Gucci owner Kering PPRUF -2.01% has agreed to sell its beauty business to L’Oreal LRLCY +2.02% for €4-billion, in a major ...
NEWS ANALYSIS. L'Oréal will pay €4 billion to acquire Kering's beauty division under a partnership announced Sunday, allowing ...
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