L'Oreal Doubles Stake in Swiss Skincare Company Galderma

Core Insights - The financial terms of the transaction were not disclosed, but the package of approximately 24 million shares of Galderma is valued at $4.85 billion based on the closing price from the previous Friday [1] Group 1 - The valuation of the Galderma shares is significant, indicating a strong market position [1] - The transaction involves a substantial number of shares, reflecting investor confidence in Galderma's future prospects [1]