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Kering Beaute
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Kering Beaute
Kering sells beauty division to L’Oreal for $4.7 billion
Luxury group Kering, owner of Gucci, has agreed to sell its beauty division to L’Oreal for €4 billion ($4.66 billion), marking the biggest deal in L’Oreal’s history and a major strategic shift for Kering under new CEO Luca de Meo.
20 Oct 2025-10:59
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20 Oct 2025-10:59
