L'Oreal to Buy Majority Stake in UK Skincare Brand Medik8
L'Oreal SA agreed to buy a majority stake in the UK company Medik8 as the French cosmetics group strengthens its presence in the booming skincare market.
The private equity firm Inflexion will keep a minority stake as part of the deal while the current management will stay on, L'Oreal said Monday without disclosing financial details.
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