Tag: India beauty acquisition
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L’Oréal eyes majority stake in Innovist to expand India presence
L’Oréal is in advanced discussions to acquire a majority stake in Innovist, marking a significant step in its Loreal India expansion strategy. The proposed Loreal Innovist deal is expected to value the company between $350 million and $450 million, underscoring the rising importance of India’s direct-to-consumer beauty market. Innovist operates several fast-growing D2C beauty brands,…