L'Oreal May Bid for Body Shop

Feb 24, 2006 | Contact Author | By: Rachel Chapman
Contact the Author
Save
This item has been saved to your library.
View My Library
(click to close)
Save to My Library
Title: L'Oreal May Bid for Body Shop
  • Article
L’Oreal may make a cash offer for Body Shop International Plc, according to a report by Reuters. This announcement reportedly sent shares in the British beauty retailer up 11 percent. "L'Oreal's management is continually evaluating a wide range of strategic alternatives that may add value to its shareholders including a possible offer for Body Shop," L'Oreal said in a statement to the London Stock Exchange, according to the report.