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Nestlé Sale of L'Oréal Stake Could Spark Domino Effect

Activist investor Dan Loeb’s pressure on Nestlé to sell its stake in L’Oréal could lead to the unwinding of another long-standing investment: L’Oréal's €10.4 billion ($11.6 billion) holding in drugmaker Sanofi.
L’Oreal products | Source: L’Oreal
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  • Bloomberg

PARIS, France

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