L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker

The company said the transaction will “optimise” its balance sheet, clearing the way for possible further acquisitions or future share buybacks.

Feb 3, 2025 - 20:12
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L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker
The company said the transaction will “optimise” its balance sheet, clearing the way for possible further acquisitions or future share buybacks.