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L'Oreal Sells €3B Sanofi Stake Back To French Pharma Co.

By Dawood Fakhir ( February 3, 2025, 12:12 PM GMT) -- Cosmetics giant L'Oreal SA said Monday that it is selling a €3 billion ($3.1 billion) stake in Sanofi back to the French drugmaker, cashing in part of its holding after Sanofi's shares outperformed the market over the past year....

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