L'Oréal USA
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Franchise India Bureau Sep 29 2017 - 1 min readFrench cosmetics group L'Oreal is acquiring three specialized skincare brands - CeraVe, AcneFree and Ambi - from Canada's Valeant Pharmaceuticals International for $1.3 billion in cash to expand into one of the fastest growing areas of the beauty industry.The French cosmetics giant paid nearly eight times the brand's combined annual revenue of $168 million. Frederic ...