Nestle Considers Selling L'Oréal Stake
New Nestle boss Laurent Freixe is rumoured to be considering selling his 20% stake in L'Oréal to raise much-needed advertising and marketing investment in hopes of reversing a slide in market share.
The 20.1% stake is currently worth $47 billion, according to Reuters. With the food giant's share price relatively low, selling all or part of the stake could help fund marketing campaigns as well as a share buyback program.
Any size sale would likely have a negative impact on L'Oréal's share price, but Reuters revealed that this could be avoided with a targeted buyback, allowing the Bettencourt family to increase its stake in the French beauty giant.
2026-08-31
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Nestlé Drops Artificial Colors Worldwide by 2026: Food Additives Face a Reformulation Shock
-
L'Oréal to Invest $80 Million in Mexico Factory Expansion
-
L'Oréal's Performance in the First Half of 2025 Was Solid: Growth Across All Business Lines and Continued Improvement in Profit Margins
-
L'Oréal Acquires Professional Hair Care Brand Color Wow
-
L'Oréal May Soon Acquire Medik8 for 1 Billion Euros
-
L'Oréal UK sales hit £1.5 billion
-
L'Oréal's SalonCentric Acquires Concept JP
-
L'Oréal's Quarterly Sales Growth Hit a New Low Since the Epidemic Due to the Weak Chinese Market
-
Sanofi Repurchases 2.3% of L'Oréal Shares
-
L'Oréal acquires Korean skincare brand Dr.G from Swiss conglomerate Migros
Recommend Reading
-
Celanese to Close Acetate Tow Plant in Lanaken, Belgium by 2026
-
$530 Million Lawsuit Unheard, $76 Million Counterclaim Filed: Is Qicai Chemical’s ‘Reputation Defense’ a Desperate Last Stand or a Calculated PR Gambit?
-
Alipay, Baidu, and iFlytek Win Big—As the Government Spends $1.1 Billion on AI Healthcare, Is This a Lifeline or a Feeding Frenzy for Tech Giants?
-
Sekisui Specialty Chemicals Has Announced a Global Price Increase
-
China’s Chemical “Spring Surge”: 68.8% of Products Rising—Real Recovery or Just a Pre-Festival Mirage?
-
Bullish and Bearish Forces Combine as Palm Oil Prices Fluctuate and Decline
-
Lithium Carbonate Prices Under Pressure and Falling
-
China's Natural Rubber Market Weakens Slightly
-
This Week's Epichlorohydrin Market Prices Remain Stable in China (1.12-1.16)
-
Oil Coke to Rise Sharply in 2025, Likely to Experience Relatively Strong Volatility in 2026