L'ORÉAL: News Release: "Sale contract of The Body Shop

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
96
L'ORÉAL: News Release: "Sale contract of The Body Shop signed between L'Oréal and Natura"

  Sale contract of The Body Shop signed between L'Oréal and Natura

Clichy, 27 June 2017  -   L'Oréal announces that the contract for the sale of The Body Shop to Natura was signed after receiving the advice of L'Oréal's Works Council 1 regarding this project announced on 9 June. The proposed sale is subject to clearance by anti-trust authorities notably in Brazil and in the United States, and expected to close during 2017.

About L'Oréal L'Oréal has devoted itself to beauty for over 100 years. With its unique international portfolio of 34 diverse and complementary brands, the Group generated sales amounting to 25.8 billion euros in 2016 and employs 89,300 people worldwide. As the world's leading beauty company, L'Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, hair salons, travel retail, branded retail and e-commerce. Research and Innovation, and a dedicated research team of 3,870 people, are at the core of L'Oréal's strategy, working to meet beauty aspirations all over the world. L'Oréal's sustainability commitment for 2020 "Sharing Beauty With All" sets out ambitious sustainable development objectives across the Group's value chain. www.loreal.com

"This news release does not constitute an offer to sell, or a solicitation of an offer to buy L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers , also available in English on our Internet site www.loreal-finance.com . This news release may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materially from those indicated or projected in these statements."

Contacts at L'Oréal (switchboard: +33 1 47 56 70 00)

Individual shareholders and market authorities Mr Jean Régis CAROF Tel: +33 1 47 56 83 02 jean-regis.carof@loreal.com  

Financial analysts and Institutional investors Mrs Françoise LAUVIN Tel: +33 1 47 56 86 82 francoise.lauvin@loreal.com

Journalists   Mrs Polina HUARD Tel: +33 1 47 56 87 88 polina.huard@loreal.com

For further information, please contact your bank, stockbroker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers or magazines or the Internet site for shareholders and investors, www.loreal-finance.com , the L'Oréal Finance app or call +33 1 40 14 80 50.                                                                  

www.loreal.com -  Follow us on Twitter @loreal

__________________ 1 Comité Central d'Entreprise  

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...846bb2adaf

Scroll down for more posts ▼

Top 10 Most Recent News Articles

AptarGroup Faces Investigation: Shareholder Stakes High

Updated Category News Views 89

AptarGroup Directors Under Investigation Every seasoned investor knows the market isn’t just sunshine and rainbows. Lately, the storm clouds have gathered over AptarGroup, Inc. (NYSE: ATR). Out of nowhere comes Purcell & Lefkowitz LLP, announcing a shareholder investigation that sends shivers down the spines of those who've put their money on this packaging...

Continue Reading
Villas of Distinction Shines: Bags 11th Gold Travvy

Updated Category News Views 125

Claiming Top Spot Repeatedly Another year, another accolade—Villas of Distinction has clutched its 11th Gold Travvy Award for "Best Villa Rental Company – Overall." This accolade ain't no small potatoes, as it's a testament to the company's unwavering excellence recognized by travel advisors worldwide. These folks, who have their fingers on the pulse of the industry,...

Continue Reading
MoreBetter's Therapy Co-Investment: A Big Bet on Patient Data

Updated Category News Views 0

Diving Into Uncharted Waters with Bold Moves MoreBetter is stepping right into the murky, unpredictable world of longevity, peptide, and psychedelic therapies with a fresh initiative—the RWE Co-Investment Program. This isn't your run-of-the-mill study announcement; it's a gutsy leap into largely unexplored areas of patient-reported outcomes and real-world evidence. A...

Continue Reading
ANTHBOT Rolls Out Black Friday Deals on Mowers

Updated Category News Views 79

ANTHBOT's Bold Black Friday Play Alright, here's something that'll perk up any garden-variety technophile: ANTHBOT's slashing prices on its M5 and M9 robotic lawn mowers as part of their "Easy Mowing. Extra Savings." campaign. Now, I've been around the block enough to know that discounts get flung around like confetti this time of year, but a $250 slash on these...

Continue Reading
Jinko Solar Joins B20 Summit: Energy Forefront Focus

Updated Category News Views 80

Jinko Solar's Invitation to the B20 Summit Never a dull moment in the solar space, especially when Jinko Solar, a big shot in clean energy, jumps into the spotlight at the B20 Summit in the U.S. Awash with high-profile discussions, Jinko's not just chatting—it's the only photovoltaic firm strutting its stuff in D.C. with gutsy calls for energy reform. Key Takeaways from...

Continue Reading
Lauri Thompson Joins UWSN Board: A New Era Begins

Updated Category News Views 108

Fresh Faces and New Perspectives In a move that merges legal acumen with community heart, Lauri S. Thompson of Greenberg Traurig has stepped up as a board member for the United Way of Southern Nevada (UWSN). Now, why should we care about this? Because when someone with Thompson's clout and eight-arm octopus of involvement links up with a nonprofit, things get interesting....

Continue Reading
Mather Promotes Connection with Free Gardening Kits

Updated Category News Views 37

Winter Loneliness No Match for Mather’s Green Thumb Initiative Here's something heartfelt coming out of the Windy City: gardening kits. This ain't your standard Wall Street babble—it's about a nonprofit called Mather trying to shed some light on the colder months by giving seniors in Illinois a damn good reason to be joyfully busy. No boilersuit and tie needed, just a...

Continue Reading
Parachute Health Urges HME Transformation Through Collaboration

Updated Category News Views 130

The Road to Digital Unity in HME Cranking through the gears of the healthcare industry is no mean feat, but Parachute Health seems ready to throw some fresh oil on the machine. In a landscape riddled with complexities, they're sounding the call for a more unified digital infrastructure in the Home Medical Equipment (HME) sector through their latest white paper. We're...

Continue Reading
Wood Partners Commences on 301-Unit Alta Meadowlands

Updated Category News Views 52

Planting the Seeds for Alta Meadowlands It's all systems go for Wood Partners and GrayCo as they kick off construction on Alta Meadowlands in Hillsborough, North Carolina. Now, this isn't just another boxy warehouse masquerading as an apartment complex. We're talking a real commitment to shaking up the local real estate scene—a 301-unit community right in the...

Continue Reading
YouFit's $10M Club Overhaul: Skyline's Fitness Bet

Updated Category News Views 54

Fresh Faces and New Beginnings: YouFit's Big Bet They say if you're not evolving, you're dying. In the fitness world, staying static is asking to be left in the dust. YouFit Gyms just scored a $10 million-plus windfall from Skyline Investors, a California-based private equity outfit with an eye on transforming tired corners into fresh fitness hubs. This move signals big...

Continue Reading
e News Articles" class="btn" href="https://investorshangout.com/blog/news?page=2">More News Articles