Sanofi CEO says buying L'Oreal's stake could be 'very accretive'

DAVOS, Switzerland (Reuters) - Buying back L'Oreal's 9 percent stake in Sanofi could be "very accretive" for the French drugmaker, although the idea remains speculative as the $12 billion holding has yet to be put up for sale, Sanofi's CEO said.

from Reuters: Business News http://ift.tt/1l4O25d