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flag L'Oreal nears $1.1B deal to buy UK skincare brand Medik8, expanding premium beauty line.

flag L'Oreal is reportedly nearing a deal to buy the UK skincare brand Medik8 for about $1.1 billion, aiming to bolster its premium beauty offerings. flag The acquisition would add to L'Oreal's dermatological beauty division, which includes brands like La Roche-Posay and Vichy. flag While the companies involved have not commented, the deal is expected to be announced soon.

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