KeringKER0.34%increase; green up pointing triangle
is in talks to sell its beauty business to LOréalOR1.11%increase; green up pointing triangle
in a deal that values the unit at roughly $4 billion,… [+473 chars]
Exclusive | Gucci Owner Kering Nears $4 Billion Sale of Beauty Unit to L’Oréal - The Wall Street Journal
Deal would be an early move by new Kering CEO Luca de Meo to revive luxury giant’s fortunes