Obagi news and trends

Former L’Oréal Executives Crafting $1.2B Beauty Company Through SPAC

November 15, 2021
skincare
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Former L’Oréal Executives Crafting $1.2B Beauty Company Through SPAC

November 15, 2021
Skincare company Obagi and makeup brand Milk Makeup are joining forces through a special purpose acquisition company (SPAC) deal with Waldencast Acquisition Corp. — an acquisition-focused entity founded by two former L’Oréal execs — in a merger that puts their combined value at about $1.2 billion. Vegan makeup brand Milk Makeup is sold at Sephora […]