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Innovist in Spotlight as L’Oréal Prepares Landmark India Acquisition
Summary by IndianWeb2.com
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Innovist in Spotlight as L’Oréal Prepares Landmark India Acquisition
French beauty giant L’Oréal is in advanced negotiations to acquire a majority stake in Innovist, the fast-growing Indian beauty and personal care company behind brands such as Bare Anatomy, Chemist at Play, Sunscoop, and Vinci Botanicals. The deal, reportedly valued between $350–450 million (₹4,000 crore), is said to be in its final stages after nearly a year of discussions.L’Oréal has largely grown organically in India since entering in 1994, f…
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