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L'Oreal SA (OREP.PA)

OREP.PA on Paris Stock Exchange

176.80EUR
16 Feb 2018
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Thu, Feb 15 2018

UPDATE 3-Growth formula eludes under-fire Nestle, L'Oreal stake unchanged

* Says no intention to increase L'Oreal stake (Adds executive, analyst comments, updates shares.)

Nestle disappoints in 2017, no intention to increase L'Oreal stake

VEVEY, Switzerland, Feb 15 Food giant Nestle expects organic sales to grow 2-4 percent this year, it said, after they rose a mere 2.4 percent in 2017, their weakest gain in more than two decades, and a goodwill impairment on its skin health business hit net profit.

Deals of the day-Mergers and acquisitions

Feb 9 The following bids, mergers, acquisitions and disposals were reported by 2200 GMT on Friday:

L'Oreal ready to buy Nestle stake in cosmetics leader

PARIS L'Oreal on Friday underscored its readiness to buy Nestle's 23 percent stake in the world's biggest cosmetics firm were its Swiss shareholder to sell, saying it had access to cash and funding at its disposal.

L'Oreal ready to buy Nestle stake in cosmetics leader

PARIS L'Oreal on Friday underscored its readiness to buy Nestle's 23 percent stake in the world's biggest cosmetics firm were its Swiss shareholder to sell, saying it had access to cash and funding at its disposal.

UPDATE 3-L'Oreal ready to buy Nestle stake in cosmetics leader

* Pressure on Nestle from Daniel Loeb (Updates shares, adds details on Nestle)

L'Oreal ready to buy shareholder Nestle's stake in the firm: CEO

PARIS L'Oreal stands ready to buy Nestle's 23 percent stake in the firm should its Swiss shareholder choose to sell, and it could finance a purchase through cash, by selling its Sanofi stake or by borrowing, L'Oreal's CEO said.

L'Oreal ready to buy shareholder Nestle's stake in the firm - CEO

PARIS L'Oreal stands ready to buy Nestle's 23 percent stake in the firm should its Swiss shareholder choose to sell, and it could finance a purchase through cash, by selling its Sanofi stake or by borrowing, L'Oreal's CEO said.

L'Oreal ready to buy shareholder Nestle's stake in the firm - CEO

PARIS, Feb 9 L'Oreal stands ready to buy Nestle's 23 percent stake in the firm should its Swiss shareholder choose to sell, and it could finance a purchase through cash, by selling its Sanofi stake or by borrowing, L'Oreal's CEO said.

L'Oreal shares rise after Q4 sales, CEO comments on Nestle's stake

PARIS, Feb 9 Shares in French cosmetics group L'Oreal rose on Friday after its fourth quarter sales beat expectations, with a confident outlook for 2018, while comments regarding its intentions on Nestle further buoyed the stock.

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