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L’Oreal in final talks to acquire Migros’ Korean skincare arm, Reuters says
The Fly

L’Oreal in final talks to acquire Migros’ Korean skincare arm, Reuters says

L’Oreal (LRLCY) is in final discussions to acquire the South Korean skincare arm of Gowoonsesang Cosmetics owned by Mibelle Group, a subsidiary of Swiss retailer Migros, Reuters’ Andres Gonzalez and Oliver Hirt report, citing two sources with knowledge of the deal. An announcement on the matter could occur as soon as this Monday, the authors note.

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