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LRLCY Loreal Co (PK)

87.88
-0.58 (-0.66%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Loreal Co (PK) USOTC:LRLCY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.58 -0.66% 87.88 87.87 88.08 88.41 87.59 88.33 84,090 21:04:04

Bettencourts Want New Shareholder Agreement From Nestle -Le Figaro

12/02/2018 9:01am

Dow Jones News


Loreal (PK) (USOTC:LRLCY)
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--The Bettencourt family, which owns a 33.1% stake in L'Oreal, would like a new shareholder agreement from Nestle in which the Swiss company agrees not to increase its stake in the cosmetics company, reports Le Figaro.

--The Bettencourts would like Nestle to clarify its intentions regarding its 23.12% stake in L'Oreal and want to avoid Nestle selling to a third party without prior consent, according to Le Figaro.

 

Full story in French: http://bit.ly/2Em6dDk

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

February 12, 2018 03:46 ET (08:46 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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