Lancome maker L'Oreal hit by £282.4 million French tax charge

PARIS (Reuters) - Cosmetics maker L'Oreal said on Friday it had reached a settlement with French tax authorities regarding three of its subsidiaries, including one linked to its luxury Lancome brand, resulting in a charge of around £282.4 million.The world's biggest beauty manufacturer, behind labels like Maybelline and Armani lipsticks, gave no further details about the basis of the dispute, only saying it corresponded to a five year period between 2014 and 2018. L'Oreal was not immediately..