L'Oreal in talks to buy Migros' South Korean cosmetic unit: sources
L'Oreal in talks to buy Migros' South Korean cosmetic unit, sources say. A spokesperson for Migros said it did not comment on market rumors. L'Oreal did not respond to multiple requests for comment. Mibelle acquired its stake in South Korean Gowoonsesang Cosmetics, which sells skin care products under the Dr.G brand, in 2018. In February, Migros announced a strategic review for Mibelle Group, saying it wanted to find a new owner for the business.
L'Oreal in talks to buy Migros' South Korean cosmetic unit, sources say. A spokesperson for Migros said it did not comment on market rumors. L'Oreal did not respond to multiple requests for comment. Mibelle acquired its stake in South Korean Gowoonsesang Cosmetics, which sells skin care products under the Dr.G brand, in 2018. In February, Migros announced a strategic review for Mibelle Group, saying it wanted to find a new owner for the business.
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