L'Oreal acquisition policy: The Body Shop case study

The Work Project I present focuses on the analysis of L’Oréal acquisition policy, trying to outline if the M&A deals it has led over the last 14 years have succeeded in creating value. By replicating the model proposed by Todd Hazelkorn, Marc Zenner and Anil Shivdasani in their paper “Creating Value with Mergers and Acquisitions”, I analyzed the 29 M&A deals that L’Oréal has led worldwide, understanding the common factors able to explain the success of such transactions. Further, I focused on The Body Shop case study, a highly criticized and controversial acquisition that has proved to be profitable and able to create value.

1er mai 1920 à Paris, [des policiers molestent des manifestants devant le café Aux sources, à l'angle du boulevard de Magenta et de la rue Beaurepaire] : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 59135

[1er mai 1920 à Paris, des policiers molestent des manifestants devant le café Aux sources, à l'angle du boulevard de Magenta et de la rue Beaurepaire] : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 59137 bis