Luxury skincare expansion: L’Oreal acquires majority stake in...

Dununu.com Dununu

Sponsor

Luxury skincare expansion: L’Oreal acquires majority stake in Medik8; announces 1 billion Euro deal

RSS Feed Business

Posted

47

L'Oreal is set to acquire a majority stake in Medik8, a British skincare brand known for its vitamin A-focused products. This strategic move aims to bolster L'Oreal's presence in the thriving skincare market. The deal, valuing Medik8 at approximately €1 billion, will see Inflexion, the current majority holder, retain a minority share.

Read Full Article

Please log in to like, share and comment!

Watch: Sid Mallya upset after RCB celebration video gets removed; explains Instagram ban

Siddharth Mallya, son of RCB's former owner, celebrated Royal Challengers Bengaluru's IPL 2025...

By 0 5

'Promises kept': Donald Trump's 'One Big Beautiful Bill' ends Medicaid for illegal immigrants; what it means

President Trump's "One Big Beautiful Bill" aims to end taxpayer-funded healthcare for...

By 0 9

'Enough is enough': Former Israel PM Ehud Olmert blames Netanyahu for Gaza war; urges Trump to intervene

Former Israeli prime minister Ehud Olmert accuses Benjamin Netanyahu of failing to prevent the...

By 0 9

Royal Challengers Bengaluru stake sale on cards? Diageo weighs options in IPL winner RCB; may seek valuation of $2 billion

Diageo is considering selling a part of its stake in Royal Challengers Bengaluru (RCB) cricket...

By 0 13

Defamation case: TMC MP Saket Gokhale apologises to ex-diplomat Lakshmi Puri; calls allegations 'unverified'

By 0 16