The price of beauty? L’Oreal to buy Australian beauty firm Aesop for $2 billion

Photo by Nelson Almeida/AFP via Getty Images
From the BBC World Service: $2.5 billion — that's how much the French beauty giant L'Oreal is buying Australian skincare brand Aesop for. It's L'Oreal's largest takeover in decades, but why did they want Aesop so much? BBC's Phil Mercer in Sydney gives us the details. Plus, BBC’s Jane Chambers finds out why there's an increase in the number of urban cowboys in Uruguay.
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer/Director
Jarrett Dang
Digital Producer
Jesson Duller
Media Producer
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC