unilever Archive

L’Oreal to Be ‘Cautious’ on UK Price Hikes After Pound’s Slump

LONDON, United Kingdom — L’Oreal SA, the world’s largest cosmetics maker, will be cautious in raising prices in the UK to make up for the slump in the pound, chief executive officer Jean-Paul Agon said in the wake of a pricing dispute between Unilever and Tesco Plc. “We will be very cautious to respect both consumers and our relationships with retailers,” Agon said Friday in an …

The next $1 billion startup acquirer won’t be a tech company

Acquisitions starting with a “B” are not uncommon in the tech industry in Silicon Valley. Roughly two to four billion-dollar deals have gone down each quarter (on average) over the last few years. The recent purchases of Cruise Automation by GM and Dollar Shave Club by Unilever turned heads for another reason: The buyers were as non-techie as you can get. The Renaissance Center in Detroit  — …