French Cometic Giant L’Oreal to buy Aesop, an Australian luxury brand owned by Brazil’s Natura & Co

L’Oreal and Natura & Co., (LRLCY) two leading cosmetic companies in France and Brazil recently released a statement that said that L’Oreal would buy Aesop. The Monday announcement said that the Australian luxury brand would be acquired at an enterprise value of $2.53 billion. The deal is expected to close in the third quarter of … Continue reading French Cometic Giant L’Oreal to buy Aesop, an Australian luxury brand owned by Brazil’s Natura & Co