Member access

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

L'OREAL (OR)

1405
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 Elizabeth Arden posts biggest ever loss as celebrity perfume sales fall
08/07DJNestle Launches CHF8 Billion Share Buyback Program
08/07 Nestle announces share buyback as emerging markets pick up
08/06 In Africa, haircare becomes a multi-billion dollar industry
08/01 L'OREAL : News release: "2014 Half-year financial report"
07/31 L'OREAL : First-half 2014 results
07/31 L'OREAL : L'Oréal: News Release: "First-half 2014 results"
07/31 L'OREAL : L'Oréal: News Release: "First-half 2014 results"
07/22 CRODA : Chemical maker Croda warns on 2014 profit as strong pound bites
07/09 L'OREAL : Disclosure of total number of voting rights and number of shares at Ju..
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