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Industrials

Colgate to buy skin care business of France's Filorga for $1.69 bln

July 11 (Reuters) - Colgate-Palmolive Co said on Thursday it would buy Laboratoires Filorga Cosmétiques’ skin care business for 1.50 billion euros ($1.69 billion).

Filorga’s anti-aging skin care products are sold in over 60 countries, with its largest markets being France, Italy, Spain and Greater China. ($1 = 0.8887 euros) (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Anil D’Silva)

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