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L'Oréal CEO on Nestle stake 'this is business fiction'

Fri 30 Aug 13 | 01:30 AM ET
Jean-Paul Agon, chairman & CEO of L'Oréal, tells CNBC that it's not their decision whether to buy the Nestle stake in L'Oréal as Nestle must decide if it wants to sell it.
 
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