World & BusinessL’Oréal India wins approval to acquire Onesto Labs
The Economic Times reports that India’s competition regulator approved the purchase of 100% of Onesto Labs, the parent of personal care platform Innovist.
TLDR
The Competition Commission of India has approved L’Oréal India’s acquisition of 100% of Onesto Labs, The Economic Times reports. Onesto is the parent of Innovist, whose brands include Bare Anatomy, Chemist at Play, SunScoop and Anecdote. The report says the approval follows L’Oréal’s June announcement of plans to acquire a majority stake in Innovist.
L’Oréal India wins approval to acquire Onesto Labs
The Economic Times reports that India’s competition regulator approved the purchase of 100% of Onesto Labs, the parent of personal care platform Innovist.
TLDR
The Competition Commission of India has approved L’Oréal India’s acquisition of 100% of Onesto Labs, The Economic Times reports. Onesto is the parent of Innovist, whose brands include Bare Anatomy, Chemist at Play, SunScoop and Anecdote. The report says the approval follows L’Oréal’s June announcement of plans to acquire a majority stake in Innovist.
