L’Oreal CEO Tells Investir Relations With Nestle Excellent

An evolution in the relations between L’Oreal and Nestle, which owns almost 30 percent of L’Oreal, “isn’t on the agenda for the time being,” L’Oreal CEO Jean-Paul Agon told Investir in an interview published today. * Relations with Nestle are “excellent,” L’Oreal CEO tells French weekly newspaper *L’Oreal to stick to acquisition strategy that will allow it to buy new brands or to expand in foreign countries, Agon says *NOTE: L’Oreal Rises in Paris as New Markets Help Sales Beat Estimates NSN MLHQKR0YHQ15 <GO>

To contact the reporter on this story: Albertina Torsoli in Paris at atorsoli@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

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