Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

Thread starter International: Top News And Analysis
Start date Yesterday at 8:43 AM

International: Top News And Analysis

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Yesterday at 8:43 AM

The sale marks a major shift in strategy by new CEO Luca de Meo as he moves to tackle the luxury group's high debt and refocus on its core fashion business.

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Title: Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

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Forum: World News

Start date: Yesterday at 8:43 AM

Last reply date: Yesterday at 8:43 AM

Replies: 0

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Created: International: Top News And Analysis, Yesterday at 8:43 AM

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