Giant L'Oreal

Body Shop International is to be bought by L'Oréal for £652m ($1.1 billion). Anita Roddick, who founded the beauty retailer, said L'Oréal's French negotiators were “the most bloody seductive people on earth”. Some questioned whether Body Shop's earthy-crunchy image will fit with the owner of such glamorous brands as Lancôme.
(Economist)