By  on September 22, 2017

PARIS — L’Oréal’s stock climbed steeply during Friday trading, a day after the death of Liliane Bettencourt, the sole child of the company’s founder, was announced, triggering speculation about what changes her passing might prompt — if any — in the relationship between the Bettencourt family and Nestlé.

The two parties, which comprise the beauty-maker’s largest individual stakeholders — with 33.05 percent and 23.3 percent, respectively — have a shareholders’ agreement that is unlocked six months after her demise.

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