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LRLCY Loreal Co (PK)

96.692
0.00 (0.00%)
29 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
  0.00 0.00% 96.692 96.692 96.692 0.00 01:00:00

LVMH, L'Oreal Mull Aesop Stake Bid, Bloomberg Reports

31/01/2023 7:36am

Dow Jones News


Loreal (PK) (USOTC:LRLCY)
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From May 2022 to May 2024

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--French luxury group LVMH Moet Hennessy Louis Vuitton SE and cosmetics giant L'Oreal SA are among the suitors weighing up a move for a share interest in beauty brand Aesop, Bloomberg reports, citing unnamed sources.

--Offers could value Aesop, part of Brazil's Natura & Co. Holding SA, at some $2 billion, Bloomberg reports.

--Talks are continuing and there is no certainty they will result in an offer, according to Bloomberg.

--Neither LVMH--which owns beauty-retail business Sephora--nor L'Oreal immediately responded to requests for comment from Dow Jones Newswires.

 

Full story: https://bloom.bg/3HIDVC1

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

January 31, 2023 02:21 ET (07:21 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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1 Year Loreal (PK) Chart

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1 Month Loreal (PK) Chart