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L'Oreal Set To Acquire Aesop Skin Care Brand

L’Oréal will acquire Aesop, an Australian luxury skin care brand with a devoted following. The $2.5 billion deal positions the French cosmetics giant to expand its footprint in China. It is L’Oréal’s largest-ever acquisition and will increase the brand's presence in the high-end, natural beauty product space, according to The New York Times

Read the whole story at The New York Times »

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