Shiseido to sell two skincare brands to L’Oreal for $ 316 m
Friday, 21 February 2014 00:00
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Reuters: Japan’s Shiseido Co Ltd said on Thursday that it has signed a deal to sell skincare brands Decleor and Carita to L’Oreal SA for about 230 million euros ($ 316.3 million).
The two companies had been in exclusive talks for the transaction since last October.
