L'Oréal is "ready to consider discussions with the Armani group as set out in Mr Armani's will", which envisages an initial 15% stake, according to the cosmetics group's CEO, Nicolas Hieronimus .

On Sunday, L'Oréal announced the biggest acquisition in its history: the €4 billion purchase of the luxury group Kering 's beauty division.

"The acquisition of Kering's beauty business does not change our intention to support the Armani group, nor does it affect our financial capacity," Nicolas Hieronimus confirms in an interview with Le Figaro .

On Tuesday, after the close of trading, the group will present its third-quarter sales, expected to show an increase of 1.5% to €10.4 billion, according to a Bloomberg consensus of analysts.

The CEO also sent a message to the Armani group, assu

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