Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  L'OREAL    OR   FR0000120321

L'OREAL (OR)

1389
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

L'OREAL : Buys Skin-Care Brand Cadum For Undisclosed Amount

04/26/2012 | 01:09pm US/Eastern
Recommend:
0

("L'Oreal Buys Skin-Care Brand Cadum For Undisclosed Amount," at 1642 GMT, misstated the name of the company in the fourth paragraph. The correct version follows:)

French cosmetics company L'Oreal SA (OR.FR) said Thursday it had closed a deal to buy skincare company Cadum from London-based investment fund Milestone Capital, without disclosing the amount paid.

The company said the business, whose sales were at EUR58 million in 2011, will join France's consumer products division.

Earlier Thursday, a press report said that the deal would be signed during the day for EUR200 million.

L'Oreal declined to comment on the financial details of the transaction.

-By Nadya Masidlover, Dow Jones Newswires; +33 1 4017 1740; nadya.masidlover@dowjones.com

Recommend :
0
React to this article
Latest news on L'OREAL
2d ago L'OREAL : Jourdan Dunn Is the New Face of Maybelline
2d ago L'OREAL : Annual General Meeting and Meeting of the Board of Directors of April ..
2d ago L'OREAL : L'Oréal: News Release: "Annual General Meeting and Meeting of the Boar..
2d ago L'OREAL : L'Oréal: News Release: "Annual General Meeting and Meeting of the Boar..
2d ago Strong European currencies eat into company profits
4d agoDJEuropean Stocks Drop as Ukraine Conflict Escalates
4d agoDJEUROPE MARKETS : European Stocks Drop As Ukraine Conflict Escalates
4d agoDJEUROPE MARKETS : European Stocks Struggle As Ukraine Uncertainty Hovers
5d agoDJL'Oréal's Global Kit Adds a Chinese Brand
5d ago L'OREAL : revenue falls, hit by North America weakness
Advertisement
Chart
Duration : Period :
L'OREAL Technical Analysis Chart | OR | FR0000120321 | 4-Traders
Income Statement Evolution
L'OREAL : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF