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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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L'Oreal to acquire majority stake in India's Innovist
Reuters · 2026-06-18 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
SENSEX   77,164.94

+ 9.32

CRUDEOIL   7,045.00

 -167.00

GOLD   151,464.00

 -2,415.00

SILVER   244,581.00

 -7,226.00

SENSEX   77,164.94

+ 9.32

CRUDEOIL   7,045.00

 -167.00

CRUDEOIL   7,045.00

 -167.00

GOLD   151,464.00

 -2,415.00

The ​deal is set ⁠to close ‌in the next few months ‌post regulatory approvals, ​the company says

Updated - June 18, 2026 at 12:39 PM.

The logo of L'Oreal is seen on beauty products in a supermarket in Chanverrie, France, October 16, 2024.

The logo of L'Oreal is seen on beauty products in a supermarket in Chanverrie, France, October 16, 2024. | Photo Credit: STEPHANE MAHE

French ​cosmetic ‌maker L’Oreal 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.

(This is a developing story)

Published on June 18, 2026

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