Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

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


News SummaryMost relevantAll newsSector news 

L'OREAL : To Buy Cosmetics Brand Cadum For EUR200 Million - Report

04/26/2012 | 09:49am US/Eastern

French cosmetics company L'Oreal SA (OR.FR) is due to sign an agreement Thursday to buy skincare brand Cadum for EUR200 million, French daily Le Figaro reports on its website, without citing sources.

The newspaper reports that L'Oreal plans to boost its consumer products division with the acquisition of the company, which it is set to buy from London-based investment fund Milestone Capital.

Milestone bought Cadum for nearly EUR50 million in 2007, Le Figaro reports.

A L'Oreal spokeswoman declined to comment on the matter.

No one at Milestone was available for comment.

Full story: http://www.lefigaro.fr

-By Paris Bureau, Dow Jones Newswires; 33-1-4017 1740

React to this article
Latest news on L'OREAL
11/24 L'OREAL : Masdar Institute PhD Student Wins L'Oreal-UNESCO for Women in Science ..
11/20 L'OREAL : The young are doing their bit, too
11/20 L'OREAL : The young are doing their bit, too
11/19 L'OREAL : Evolva reaches second milestone in collaboration to develop next-gener..
11/12 Hermes' third-quarter sales growth slows less than expected
11/06 L'OREAL : Disclosure of total number of voting rights and number of shares at Oc..
11/05 L'OREAL : Patent Issued for Use of Photoluminescent Polymers in Cosmetic Product..
11/04 L'OREAL : Why L'Oréal is bringing fast-twitch content in-house
11/02 ESTEE LAUDER : Our cosmetics brands' huge potential
10/31 L'OREAL : L'Oréal joins ILO's Global Business Network for Social Protection Floo..
News chart
Full-screen chart
Income Statement Evolution
More Financials