MEDIK8 ACQUIRED BY L'OREAL FOR $1B+
Earlier this week it was announced that L’Oreal would acquire Medik8 - a UK based science-first skincare brand - for just north of a buh-buh-billion dollars. This deal comes on the heels of the recently announced and soon to be closed acquisition of Rhode by E.L.F.
The punchline for this acquisition is the sheer magnitude of the exit sales multiple - rig…
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