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LRLCY Loreal Co (PK)

95.62
0.27 (0.28%)
07 May 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
  0.27 0.28% 95.62 95.43 95.88 95.98 95.25 95.30 62,963 21:00:42

L'Oreal to Acquire Fragrance Brands from Clarins Group

21/10/2019 5:58pm

Dow Jones News


Loreal (PK) (USOTC:LRLCY)
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   By Giulia Petroni 
 

L'Oreal SA (OR.FR) signed an agreement to acquire the Mugler and Azzaro brands from Clarins Group by buying its fragrances division, the company said on Monday.

The French cosmetics giant didn't disclose financial details regarding the acquisition, but said it should be completed within the first quarter of 2020 after regulatory approvals.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

October 21, 2019 12:43 ET (16:43 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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