L'Oreal Enters Exclusive Talks to Sell Roger & Gallet to Impala
February 04 2020 - 12:50PM
Dow Jones News
By Cristina Roca
L'Oreal SA (OR.FR) said Tuesday that it has entered exclusive
talks to sell its Roger & Gallet fragrance and skincare brand
to French investment holding Impala.
The cosmetics and consumer-products giant didn't disclose the
value of any potential deal, but said the brand generated sales of
52 million euros ($75.6 million) in 2018.
The deal could close this summer, L'Oreal said. impala
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
February 04, 2020 12:35 ET (17:35 GMT)
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