Luxury Aussie skincare model Aesop has been offered to L’Oreal for a record-breaking $3.7 billion.
The loopy quantity is the biggest recognized value stage for an Australian-founded luxurious model.
The firm was based by Melbourne hairdresser Dennis Paphitis in 1987 and sells pores and skin, hair and physique care merchandise.
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Source: www.perthnow.com.au