This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

L'Oréal's proposal to acquire Kering Beauté to be reviewed by Australian watchdog

( January 19, 2026, 00:57 GMT | Official Statement) -- MLex Summary: Cosmetics group L'Oréal SA seeks to acquire 100 percent of the shares in Kering Beauté SAS, the Australian competition regulator said. In a statement on Friday, the Australian Competition & Consumer Commission said that L'Oréal is globally active in the research, development, manufacturing, marketing, distribution and sale of beauty and personal care products. It added that Kering Beauté, owned by Kering Holland and ultimately controlled by Kering SA, is the French-based parent company of the Creed luxury fragrance group. The regulator said Kering Beauté will become the exclusive licensee of the beauty product categories of luxury brands Balenciaga and Bottega Veneta and may, at a later date, be granted a 50-year license to use and operate the rights associated with the fragrance, cosmetics, candles and skin care product categories for the Gucci brand worldwide.Statement follows. Questionnaire is attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections