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Report: L'Oréal Preferred Bidder for Stake in K-Beauty Firm Nanda

The French cosmetics group has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at $375 million, according to sources.
L'Oréal headquarters | Source: Shutterstock
By
  • Reuters

SEOUL, Korea

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