Shiseido signs deal to sell two skincare brands to L'Oreal
TOKYO (Reuters) - Japan's Shiseido Co Ltd (4911.T) said on Thursday that it has signed a deal to sell skincare brands Decleor and Carita to L'Oreal SA (OREP.PA) for about 230 million euros ($316.3 million).
The two companies had been in exclusive talks for the transaction since last October.
($1 = 0.7271 euros)
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