L’Oréal to acquire CeraVe, Acne and Ambi

L’Oréal has signed a definitive agreement with Valeant to acquire the skin care brands CeraVe, AcneFree and Ambi for a cash purchase price of 1.3 billion US dollars. CeraVe was founded in 2005 and offers a range of advanced skin care products, specifically cleansers, moisturizers, sunscreens, healing ointments and a dedicated baby line developed with dermatologists. The fast growing skincare…

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