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    L'Oreal to acquire majority stake in India's Innovist

    Picture of L'oreal SA logoL'oreal SA
    18/06/2026 07:54
    L'Oreal to acquire majority stake in India's Innovist
    June 18 (Reuters) - French cosmetic maker L'Oreal OREP.PA will acquire a majority stake in India's Innovist and secure rights to buy out the minority shareholders in full, it said on Thursday. 
    The deal is set to close in the next few months post regulatory approvals, the company said. 

     (Reporting by Margaux Perrin in Gdansk; editing by Barbara Lewis)
     ((Margaux.Perrin@thomsonreuters.com))

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