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L'Oreal SA (OREP.PA)

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Thu, Jun 29 2017

Bettencourt family fund Tethys invests in French hospital group

PARIS, June 29 Tethys Invest, an investment fund of L'Oreal's largest investor, the Bettencourt-Meyers family, said on Thursday it had bought a minority stake in French private hospital group Elsan.

BRIEF-L'Oreal, Natura sign formal contract for previously announced Body Shop sale

* L'Oréal announces that the contract for the sale of The Body Shop to Natura was signed after receiving the advice of L'Oréal's Works Council, regarding this deal which was previously announced on 9 June

UPDATE 9-U.S. activist presses for "bold action" at Nestle

* Nestle shares up 4.3 pct, touch record high; L'Oreal up 3.9 pct

L'Oreal set to sell The Body Shop to Brazil's Natura in $1.1 billion deal

PARIS French cosmetics and luxury goods group L'Oreal has started exclusive talks to sell The Body Shop business to Brazilian make-up company Natura Cosmeticos in a possible 1 billion euros ($1.1 billion) deal.

UPDATE 2-L'Oreal set to sell The Body Shop to Brazil's Natura in $1.1 bln deal

* Natura shares fall, to finance deal via loans (Adds detail on Natura's financing, fund manager comment)

L'Oreal enters talks with Natura over selling Body Shop

PARIS, June 9 French cosmetics and luxury goods group L'Oreal has started talks with Brazilian make-up company Natura Cosmeticos over selling its Body Shop business, L'Oreal said on Friday.

Alibaba's Jack Ma invited to join bid for L'Oreal's The Body Shop: sources

LONDON European private equity firm Investindustrial has invited the investment vehicle of Alibaba's founder Jack Ma to submit a joint bid of more than 800 million euros ($900 million) for L'Oreal's The Body Shop, sources familiar with the matter said on Friday, just days before a deadline for final bids.

UPDATE 2-Alibaba's Jack Ma invited to join bid for L'Oreal's The Body Shop -sources

LONDON, June 2 European private equity firm Investindustrial has invited the investment vehicle of Alibaba's founder Jack Ma to submit a joint bid of more than 800 million euros ($900 million) for L'Oreal's The Body Shop, sources familiar with the matter said on Friday, just days before a deadline for final bids.

CORRECTED-UPDATE 1-Alibaba's Jack Ma invited to join bid for L'Oreal's The Body Shop -sources

LONDON, June 2 European private equity firm Investindustrial has invited the investment vehicle of Alibaba's founder Jack Ma to submit a joint bid of more than 800 million euros ($900 million) for L'Oreal's The Body Shop, sources familiar with the matter said on Friday, just days before a deadline for final bids.

RPT-Alibaba's Jack Ma invited to join bid for L'Oreal's The Body Shop - sources

LONDON, June 2 European private equity firm Investindustrial has invited the investment vehicle of Alibaba's founder Jack Ma to join a consortium offering to buy L'Oreal's The Body Shop for more than 800 million euros ($900 million), sources familiar with the matter said on Friday.

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