cosmeticsindustry
The owner and major shareholder of French firm L'Occitane is looking to take his skin-care firm back into private hands after a 14-year stretch on the Hong Kong Stock Exchange. Austrian billionaire Reinold Geiger has offered HK$34 (€4.05) per share to buy the stock he doesn't already own, an increase on the most recent closing share price of HK$29.50 (€3.52). The deal is worth up to HK$13.91bn (€1.7 billion), and the company's total equity is valued at around €6 billion. "Our family has always taken a responsible, long-term view when it comes to developing our company," said Geiger in a statem...
Euronews (English)
A spa in the United States was the first to be linked to HIV transmission from cosmetic injections, the US Centers for Disease Control and Prevention (CDC) said in a report last week. Three people were found to be contaminated from "an undetermined source at the spa" in New Mexico in 2018, resulting in a human immunodeficiency virus (HIV) infection. HIV is a virus that attacks the immune system. While it cannot be cured, treatment can bring the virus to undetectable levels, making it a manageable condition. How did Germany run low on potentially life-saving HIV medication? The cluster at the s...
Euronews (English)
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