By  on September 2, 2013

PARIS — L’Oréal stock continued climbing Monday after its chairman and chief executive officer Jean-Paul Agon neither confirmed nor denied the French beauty giant might buy back Nestlé’s 29.3 percent stake in the company.

L’Oréal closed up 1.5 percent on the Paris Bourse to 128.20 euros, or $169.10 at current exchange.

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