ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »L’Occitane inks $900mn Elemis deal in luxury skincare boom
Bloomberg Luxury cosmetics firm L’Occitane International SA agreed to buy beauty and skincare brand Elemis for about $900 million, its biggest deal on record as the maker of organic lotions looks to expand in the US and UK. The Hong Kong-listed L’Occitane agreed to buy the privately-held Elemis from Steiner Leisure Limited, according to a statement from the companies. Steiner …
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