EU clears proposed takeover of YSL Beauté by Loreal
23 Jun '08
1 min read
The European Commission has just authorised the sale by PPR of YSL Beauté to L'Oréal, in line with the agreements finalised by the two groups on April 30th 2008.
PPR develops a portfolio of high-growth global brands. Through its Consumer and Luxury brands, PPR generated sales of EUR 19.8 billion in 2007. The Group is present in 90 countries with approximately 93,000 employees.
marketing@alchempro.com
