Sydney beauty boss sells $1billion business after just five years
An Aussie beauty company that rapidly overtook its global competition has been sold for an eye-watering figure.
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Billionaire heiress Francoise Bettencourt Meyers to step down from L’Oréal board
Francoise Bettencourt Meyers, heiress to cosmetics behemoth L’Oréal and world’s second richest woman with US$76.1 billion in net worth, is set to retire from the company’s board in April.