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government-trade

L’Oréal Finalizes Nickel Purchase

The men’s skin-care label will change hands on Dec. 17.

PARIS — L’Oréal will become the owner of men’s skin-care brand Nickel on Dec. 17, according to its seller Inter Parfums.

 

The purchase and sale agreement was executed on Nov. 27, the company said Tuesday.

 

As reported in September, Inter Parfums had countersigned a final letter of offer for the sale of Nickel to the French beauty giant. Terms of the deal were not disclosed.