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LRLCY / L'Oreal agrees to buy Aesop in $2.5 billion deal

L'Oreal agrees to buy Aesop in $2.5 billion deal
L'Oreal OR, +1.02% on Monday said it had signed an agreement with Natura & Co to acquire Australian premium beauty-products maker Aesop in a $2.525 billion deal. L'Oreal executives said the move to buy Aesop — which makes plant-based hair and body-care products — would help the iconic beauty brand expand its global luxury offerings. Read More
Posted: Apr 3 2023, 18:31
Author Name: Market Watch
Views: 111656

LRLCY News  

L'Oreal: Encouraging Growth Across Consumer Products Division

By Seeking Alpha
October 23, 2023

L'Oreal: Encouraging Growth Across Consumer Products Division

L'Oréal has seen strong growth in its Consumer Products division, with like-for-like sales increasing by 13.4% in Q3 2023. The division was boosted b more_horizontal

American-style capitalism doesn't exist in France, guaranteeing low economic growth

By Market Watch
September 29, 2023

American-style capitalism doesn't exist in France, guaranteeing low economic growth

People seldom think of Paris as an industrial city. There is too much about France's capital that is focused on love and leisure: wispy dreams evoke r more_horizontal

L'Oreal: Earnings And Sales Growth Indicate Further Price Uptick

By Seeking Alpha
August 22, 2023

L'Oreal: Earnings And Sales Growth Indicate Further Price Uptick

L'Oreal's price has risen by over 40% since October last year, and its H1 2023 figures indicate that there could be more upside. The company's like-fo more_horizontal

L'Oreal: An Incredibly High Quality Expensive Business

By Seeking Alpha
June 30, 2023

L'Oreal: An Incredibly High Quality Expensive Business

L'Oreal is the premier beauty business, with over 30 brands contributing to a market-leading position. L'Oreal's growth has been consistent and robust more_horizontal

3 Stocks to Buy for a Billionaire-Backed Portfolio

By InvestorPlace
June 7, 2023

3 Stocks to Buy for a Billionaire-Backed Portfolio

It pays to invest in stocks with billionaire-backing.  How's that, you ask? more_horizontal

L'Oreal SA (LRLCY) Upgraded to Buy: What Does It Mean for the Stock?

By Zacks Investment Research
April 25, 2023

L'Oreal SA (LRLCY) Upgraded to Buy: What Does It Mean for the Stock?

L'Oreal SA (LRLCY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal

L'Oréal's Latest Acquisition Could Be a Game Changer

By The Motley Fool
April 23, 2023

L'Oréal's Latest Acquisition Could Be a Game Changer

L'Oreal recently acquired the Aēsop cosmetics brand for $2.5 billion. Several luxury brand companies and private equity firms were competing for it. more_horizontal

Is There More Room For Growth In L'Oreal Stock?

By Forbes
April 10, 2023

Is There More Room For Growth In L'Oreal Stock?

L'Oreal stock has risen from $72 in early January to $92 now. more_horizontal


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