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L’Oreal to Sell $3.1 Billion Stake in Sanofi Back to Pharma Group
The deal will diversify the French beauty giant’s funding sources at a time when the industry is undergoing a slowdown.
Sanofi Stock: L'Oréal Sells $3.2B Stake in Major Deal
L'Oréal, the French cosmetics giant, has announced a significant restructuring of its investment in pharmaceutical company Sanofi through an off-market block trade. The transaction involves the sale
L’Oreal Sells €3 Billion of Sanofi Stock Back to Drugmaker
Cosmetics giant L’Oreal SA is selling a €3 billion ($3.1 billion) stake in Sanofi back to the French drugmaker, cashing in part of its holding after Sanofi’s shares outperformed the market over the past year.
French pharma Sanofi to repurchase L'Oréal shares
French pharmaceutical company Sanofi said on Monday that it plans to buy back shares from cosmetics firm L'Oréal. Sanofi said the acquisition would be of 2.3% of its shares from L'Oréal. This transaction is part of a share buyback programme announced on January 30,
17h
on MSN
Reneé Rapp Is the Newest L'Oréal Paris Ambassador: 'I Like Being in Good Company' (Exclusive)
Mean Girls star Reneé Rapp has been named L'Oreal Paris' newest ambassador, joining the ranks of L'Oréal Paris' famous faces ...
1h
on MSN
Carol Hamilton to Retire From L'Oréal USA
Carol Hamilton, a key architect of the growth of L'Oréal USA, will retire from the company on May 1. During the course of her ...
1d
This Sabrina Carpenter-Approved L’Oréal AirLight Pro Hair Dryer Is the Only Tool That Keeps My Locks Silky and Bouncy In the Winter
Anyone who watched Sabrina Carpenter during the 2025 Grammy Awards might be equally amazed by the artist’s performance as ...
12h
on MSN
Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
WWD on MSN
1d
Sanofi Buys Back Shares From L’Oréal
PARIS – L’Oréal has agreed to sell about 29.6 million Sanofi shares to Sanofi for approximately 3 billion euros.
1d
Agreement Between L’Oréal and Sanofi for the Repurchase by Sanofi of 2.3% of Its Own Shares Held by L’Oréal
AGREEMENT BETWEEN L’ORÉAL AND SANOFI FOR THE REPURCHASEBY SANOFI OF 2.3% OF ITS OWN SHARES HELD BY L’ORÉAL Clichy, February 3, 2025 – L’Oréal announces today that it has agreed to sell approximately ...
Human Resources Online
23h
Faces of HR: L'Oreal Group's Roshni Wadhwa on why we need to keep the 'human' in HR
For HR leader Roshni Wadhwa, one key lesson from her first day in HR still shapes her approach to her role today: never lose ...
1d
L’Oreal’s Strategic Stake Sale in Sanofi: Balancing Robust Financials and Cautious Outlook
Analyst Molly Wylenzek from Jefferies maintained a Hold rating on L’Oreal (0NZM – Research Report) and keeping the price target at ...
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