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Jean-Paul Agon

September 25, 2020

Agnelli family’s Exor deals risk with GEDI but reward with Fiat Chrysler; e-commerce, Chinese and comfort sales cushion L’Oreal against the coronavirus, heiress Verena Bahlsen leads her family business to innovation and social responsibility.

Agnelli family’s Exor deals risk with GEDI but reward with Fiat Chrysler

The completion of the Agnelli family’s €104.2 million ($121 million) buy back of control of GEDI from the De Benedetti family came at a fortuitous time as Italy’s largest editorial group suffers in the first half of the year of the coronavirus.

February 15, 2018

A cash-rich L’Oreal is ready and waiting to buy back the stake of itself owned by struggling Nestlé, the beauty giant’s chief executive has said.

A cash-rich L’Oreal is ready and waiting to buy back the stake of itself owned by struggling Nestlé, the beauty giant’s chief executive has said.

Off the back of a stellar year which saw the French beauty company’s profits rise 15%, chief executive Jean-Paul Agon gave an emphatic “yes” when asked whether L’Oreal would be keen to buy back the 23% stake owned by Nestlé, worth nearly €23 billion ($28 billion).

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