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L'Oreal increases stake in Galderma to 20%

Dec 8 (Reuters) - French cosmetics group L'Oreal OREP.PA increased its stake in dermatology firm Galderma GALD.S to 20%, as it bought a further 10% stake in the company, the Swiss firm said in a statement on Monday.

The transaction is expected to close in the first quarter of 2026, the company added.

 (Reporting by Tristan Veyet in Gdansk, Editing by Ludwig Burger)

 ((Tristan.Chabba@thomsonreuters.com;))

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