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L’Oréal USA To Acquire Pacific Bioscience Laboratories

The cosmetics firm has signed a deal to acquire the parent company of the Clarisonic brand, Pacific Bioscience Laboratories. Describing the deal, which is subject to shareholder approval, Frédéric Rozé, president and chief executive officer of L’Oréal USA, said: “Devices are rapidly emerging globally as an important new skin care category. Clarisonic is successful and the fastest-growing premium brand in this segment.”

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