LG Household & Healthcare considering bid for Elizabeth Arden
SEOUL (Reuters) - LG Household & Healthcare Ltd. (051900.KS) said on Wednesday it is considering a bid for U.S.-based cosmetics company Elizabeth Arden (RDEN.O) as the South Korean firm seeks to grow its overseas business.
A spokeswoman at LG Household said the company had not decided yet whether it would launch a formal bid to acquire Elizabeth Arden. She did not elaborate further.
(Reporting by Se Young Lee; Editing by Paul Tait)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.