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L’OOLAL sells 3 billion of Sanofi Stock Back to Drugmaker

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L’OOLEAL sells 29,6 million shares for € 101.50 each, companies meant in the statements Monday. After sale, L’ORÉAL will be 7.2% of Sanophy, lower case from about 9.4%, and 13.1% of its voting rights.

The price is a 2.8% discount when Sanofi Shares has been locked on Friday. Sant shares falls of 0.63% in Paris at € 103.74. L’Oreal fell on 2.62% between concerns about US prices may.

SANFI’S SALFIs’ sale will perform L’Ored State of L’Real Accumulation Following the recent receivables and broke up with its financial sources, shampoo maker and the Cosmetics Brands as Garnier and Comerto means. L’Oreal Receils in recent years, luxury to buy Aesop soap in the sales that cost $ 2.6 billion in 2023.

Restruction is part of the announced Sanofe-Burch-Burnback for the previously announced, the Driver said.

Stocks in Sanofis in Paris received about 20% last year while shares in the beauty team collapsed about the same amount between China. L’oreal will report complete receivables on Thursday.

L’Oreal has had a SanFish pole since he sold the company in 1999 to the drug council, and was paid by shares. The company collected 1,27 billion billion in Sanofi between 2021 and 2023.

Investors look at the opportunities for selling shares in SANFIs to help support its increase.

Thus they keep an eye on Nestle SA programs for its joint participation in L’Ored. About three years ago, the nest reduced its pole at a Commission-in-lawsign company Billionaire Betttenoupt family to about 20%. The family controls l’ooreal with its 35% pole, which we give about about $ 78 billion with Bloomberg Billionaires Index.

(Updates with share price reaction; previous version of Sanofi spell in the first paragraph.)

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