date:Feb 12, 2014
the new situation, will remain in place.
This transaction represents a very positive strategic move for LOral, its employees and its shareholders, said Jean-Paul Agon, chairman and chief executive officer of L'Oral. LOral will focus exclusively on its Cosmetics business and its Beauty for all mission, its universalisation strategy and its ambition to win one billion new consumers.
LOral will indeed benefit from a very significant and reinforced presence from the founding Bettencourt Meyers fa