L'Oréal eyes Medik8 for one billion euros
French beauty giant L’Oréal is reportedly poised to acquire cosmetics brand Medik8 for one billion euros, the Financial Times reported on Wednesday. Specialising in ‘anti-ageing’ skincare, Medik8 would sit within L’Oréal’s dermatological beauty section alongside brands like La Roche-Posay and Vichy, which saw its revenue increase by 3.5 percent...
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