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ITP Interparfums

39.60
-0.25 (-0.63%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Interparfums EU:ITP Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -0.63% 39.60 39.55 39.75 40.10 39.60 39.95 13,509 13:05:00

L'Oreal Signs to Buy Men's Skincare Brand from Interparfums

10/09/2013 5:58pm

Dow Jones News


Interparfums (EU:ITP)
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From Dec 2019 to Dec 2024

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By Nadya Masidlover

PARIS--French cosmetics company Interparfums SA (ITP.FR) said Tuesday that larger peer L'Oreal SA (OR.FR) has signed a letter of intention to buy its men's skin care brand Nickel.

The deal is set to be closed by the end of the year "subject to the execution of the purchase and sale agreement," Interparfums said in its half-year earnings release, without disclosing the financial details for the deal.

L'Oreal confirmed the signing, but declined to give further details.

Write to Nadya Masidlover at nadya.masidlover@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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