In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
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In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
L’Oréal Dermatological Beauty is its fastest growing division while Luxury has slowed. After investing in Galderma, it is bolstering its position in dermatology.