--The Bettencourt family, which owns a 33.1% stake in L'Oreal, would like a new shareholder agreement from Nestle in which the Swiss company agrees not to increase its stake in the cosmetics company, reports Le Figaro.

--The Bettencourts would like Nestle to clarify its intentions regarding its 23.12% stake in L'Oreal and want to avoid Nestle selling to a third party without prior consent, according to Le Figaro.

Full story in French: http://bit.ly/2Em6dDk

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(END) Dow Jones Newswires

February 12, 2018 03:46 ET (08:46 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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