L’Oreal acquires premium brand Aesop from Brazil’s Natura for $2.5 billion.
The sale, L’Oreal’s biggest-ever brand acquisition according to Dealogic statistics, strengthens the firm’s foothold in the premium cosmetics sector.
L’Oreal is a French multinational firm specializing in beauty and personal care goods.
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The firm is recognized for its creative goods and is devoted to sustainability and ethical standards.
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