L’Oréal Courts YSL Beaute With $1.7 Bil. Offer, Posts Year-End Sales
This article was originally published in The Rose Sheet
Executive Summary
L'Oréal's proposed acquisition of PPR's Yves Saint Laurent Beaute business would "reinforce" the beauty giant's position in the global luxury cosmetics market and accelerate the development of YSL Beaute brands, the firm says