Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

The sale marks a major shift in strategy by new CEO Luca de Meo as he moves to tackle the luxury group's high debt and refocus on its core fashion business.

Raccontata daansa.ithandelsblatt.comfortune.comcnbc.comtheguardian.comlemonde.frcincodias.elpais.comfaz.netelpais.comft.com