L'Oréal (OR) to Acquire Majority Stake in Innovist

L'Oréal announced on June 18, 2026, its plan to acquire a majority stake in Innovist, a move signaling strategic expansion for the global cosmetics leader. The acquisition aims to further strengthen L'Oréal's market position and product portfolio. Details regarding the financial terms of the transaction were not immediately disclosed. This strategic investment is expected to bolster L'Oréal's presence in key market segments.