L'Oreal will start work on potential Armani deal ‘very soon', says CFO
Reuters·2025-12-02 00:15
Core Viewpoint - French cosmetics group L'Oreal is considering an investment in Italian fashion group Armani and plans to initiate discussions soon [1] Group 1 - L'Oreal's Chief Financial Officer Christophe Babule confirmed the company's intention to explore the investment opportunity in Armani [1] - The investment discussions are expected to commence in the near future, indicating L'Oreal's proactive approach towards potential acquisitions [1]