L’Oréal Acquires Australian Skincare Brand Aesop for $2.5 Billion: A Major Step in the Company’s Expansion into the High-End, Natural Beauty Market
L’Oréal announced the largest acquisition to date under CEO Nicolas Hieronimus last week of Aesop, an Australian luxury skincare brand. The deal worth $2.5 billion is expected to close in the third quarter of this year, pending regulatory approval…
