(Reuters) - "We stick to our position," a L'Oreal spokesman said on Wednesday. "Our stake is not strategic, its historical. We don't have any particular project in mind with the participation of about 10 percent in Sanofi. A share sale is not imminent."
Oil company Total and L'Oreal, which together own about 23 percent of Sanofi, have both said they don't consider their stakes as strategic.
Read more at Reuters.com Mergers News
Oil company Total and L'Oreal, which together own about 23 percent of Sanofi, have both said they don't consider their stakes as strategic.
Read more at Reuters.com Mergers News
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