L'Oreal India Buys Small Company

French cosmetics giant L'Oreal has acquired Mumbai-based company Cheryl's Cosmeceuticals for an undisclosed amount. The company, in its first acquisition in India, has bought Cheryl's Cosmeceuticals, a pioneer in professional skin care products and treatments in beauty salons. "This is an attractive opportunity for L'Oreal in India as it broadens...

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