Kering SA agreed to sell its beauty division to LOreal SA as part of a long-term strategic alliance, with Chief Executive Luca de Meo seeking to turn around the French luxury giants fortunes.
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Kering Agrees to Sell Beauty Division to L’Oreal in Partnership - Bloomberg.com
Kering SA agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, with Chief Executive Luca de Meo seeking to turn around the French luxury giant’s fortunes.
