L’OR201;AL’S ACQUISITION OF MAGIC HOLDINGS （L or 201;阿尔收购魔法持有）.pdfVIP

L’ORÉAL’S ACQUISITION OF MAGIC HOLDINGS MARKS FIRM’S BIGGEST INVESTMENT IN CHINESE BEAUTY MARKET Clichy, 8 April 2014 – Following the approval by the General Meeting of Magic Holdings International Limited shareholders, L’Oréal announces the transaction is now effective. This move marks L’Oréal’s biggest investment to-date in the Chinese beauty market and further strengthens the Group’s leadership position in the world’s third largest beauty market. Jean-Paul AGON, Chairman and CEO, said: “This is the most important acquisition for L’Oréal since the