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EU Approves L’Oréal and Nestlé Joint Venture

November 11, 2005

SWITZERLAND: Nestle SA and French cosmetic company L’Oréal will develop a new range of healthy cosmetics, executives said. The joint venture was cleared by the European Commission (EU) in July. The line, Inneov, will combine Nestle’s nutrition research with L’Oréal’s cosmetic and dermatological expertise.
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