Alibaba's Jack Ma invited to join bid for L'Oreal's The Body Shop: sources

June 2, 2017 by  
Filed under News

LONDON (Reuters) – European private equity firm Investindustrial has invited the investment vehicle of Alibaba’s founder Jack Ma to join a consortium offering to buy L’Oreal’s The Body Shop for more than 800 million euros ($900 million), sources familiar with the matter said on Friday.

Source: Reuters Business News

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