LVMUY LVMH Moet Hennessy Louis Vuitton SA (PK)

--French luxury group LVMH Moet Hennessy Louis Vuitton SE and cosmetics giant L'Oreal SA are among the suitors weighing up a move for a share interest in beauty brand Aesop, Bloomberg reports, citing unnamed sources.

--Offers could value Aesop, part of Brazil's Natura & Co. Holding SA, at some $2 billion, Bloomberg reports.

--Talks are continuing and there is no certainty they will result in an offer, according to Bloomberg.

--Neither LVMH--which owns beauty-retail business Sephora--nor L'Oreal immediately responded to requests for comment from Dow Jones Newswires.

Full story: https://bloom.bg/3HIDVC1

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

(END) Dow Jones Newswires

January 31, 2023 02:21 ET (07:21 GMT)

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