By and and  on November 6, 2009

PARIS — As the beauty sector begins to shrug off the effects of the recession, it is emerging flush with dealmaking activity.

“Companies are back working on acquisitions,” said Ariel Ohana, partner at Paris-based Ohana & Co. investment bank. “There’s been a real change in the atmosphere in the last few weeks. There’s probably a feeling that in terms of consumer spend, the worst is behind us. So people are positioning themselves now to make acquisitions.”

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