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L'Oreal taps advisers to explore unloading chemical-related liabilities, WSJ reports
Source: reuters.com
Legal & LitigationCompany FundamentalsM&A & Restructuring
The Wall Street Journal reported that L’Oréal has engaged restructuring advisers to explore options for mounting U.S. legal liabilities tied to talc and other chemical ingredients used in some of its cosmetic products. The article gave no estimate of the liabilities or details of any proposed action.
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